"Price gouging" in emergencies
Update: 2021-08-19
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Every time there’s an emergency, the prices of certain goods skyrocket -- like masks and hand sanitizer during COVID -- and the public gets angry about price gouging. In this episode, two economists (Raymond Niles and Amihai Glazer) make the case for why “price gouging” is actually a good thing, and Julia raises potential counterarguments.
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