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re: Price gouging in a temporary supply crunch like the Colonial situation should be allowed
Posted on 5/14/21 at 6:09 am to Hayekian serf
Posted on 5/14/21 at 6:09 am to Hayekian serf
quote:
supply/demand and scarcity. That’s it. And any time the state tries to influence either of those, there is never enough or so much that we pay farmers to burn crops. Either way it’s inefficient and dumb.
The state already influences who can provide the supply of gas. So in an already unfree market, purely market forces don’t work correctly.
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