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re: Price gouging laws predictably lead to shortages
Posted on 8/31/17 at 9:26 am to weagle99
Posted on 8/31/17 at 9:26 am to weagle99
All artificial, extra-market controls on prices will cause predictable shortages at times of need.
Why? If I cannot make a profit, then I won't engage in commercial activity. If I can't make a profit, I can't be charitable in time of need, either.
But, folks in favor of this nonsense just keep thinking that the world runs on unicorn milk and fairy dust.
Why? If I cannot make a profit, then I won't engage in commercial activity. If I can't make a profit, I can't be charitable in time of need, either.
But, folks in favor of this nonsense just keep thinking that the world runs on unicorn milk and fairy dust.
1
Posted on 8/31/17 at 11:01 am to Ace Midnight
quote:
Why? If I cannot make a profit, then I won't engage in commercial activity.
Stores selling at normal prices aren't making a profit during a temporary supply disruption due to a storm?
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