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re: Price gouging laws predictably lead to shortages
Posted on 8/31/17 at 8:54 am to weagle99
Posted on 8/31/17 at 8:54 am to weagle99
quote:
Except it is more expensive / takes more effort for companies to move new supplies of gas into an area of disaster. If you were running those companies would you just take a loss or not ship the fuel in at all? How do the residents benefit if NO fuel is available?
I like to think that the best in people comes out when there is a disaster like Harvey. As a business owner myself, not a gas station though, I like to think that I would do what I could, and have in the past, to help out the community and make things a little easier for those in need. So yes, I would take the loss.
3
Posted on 8/31/17 at 8:55 am to ibleedprplngld
That's admirable and I respect your decision. I just don't think the government should make that decision for you.
This post was edited on 8/31/17 at 8:56 am
Posted on 8/31/17 at 9:05 am to ibleedprplngld
quote:I own a fledgling small business with a partner. They had the idea of utilizing our trucks to haul donated supplies and other items down to help. I was very pleased to see our trucks head out loaded down with needed baby diapers, formula, and other items. I hadnt even thought of it.
, I like to think that I would do what I could, and have in the past, to help out the community and make things a little easier for those in need. So yes, I would take the loss.
Posted on 8/31/17 at 9:08 am to ibleedprplngld
quote:
I like to think that the best in people comes out when there is a disaster like Harvey. As a business owner myself, not a gas station though, I like to think that I would do what I could, and have in the past, to help out the community and make things a little easier for those in need. So yes, I would take the loss.
Exactly, as would many. As are many. Some for completely altruistic reasons. Some for business/PR reasons. This is the free market at work and it works to optimally balance prices, supply, and demand.
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