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Laws Against 'Gouging' Are Simplistic and Wrong

When a natural disaster like Harvey monkeywrenches the normal operations of daily life, basic necessities suddenly become scarce, and merchants often start charging much more for them.

Behind the objection lies an unspoken assumption: that there must be some morally correct price for a consumer good, independent of the wishes of the person selling it.

This will come as news to people who have been receiving help from the Red Cross and countless other volunteer organizations that ship supplies into stricken areas after every disaster.

In 2003, Hurricane Isabel struck the region—toppling thousands of trees, knocking out power across vast sections of the state, destroying homes, and killing more than 30 people.

That same story quoted Bill Bellamy, who "said he stopped at a Home Depot yesterday morning to find a man from Buffalo, N.Y., who was selling generators from his truck."

READ MORE (Reason (blog))

  • Florida activates price gouging hotline, when to file a
  • Laws Against 'Gouging' Are Simplistic and Wrong: New at ReasonReason (blog)
  • Price gouging reported ahead of Hurricane IrmaNBC2 News
  • Price Gouging Can Be a Type of Hurricane AidBloomberg
  • Tampa Bay area residents should be on lookout for Irma price gougingWFLA
  • HURRICANE UPDATESThe Northwest Florida Daily News
  • Price gouging is a crimeHistoric City News
  • Tips for reporting price gougingWink News
  • Price-gouging hotline activated in anticipation of stormDestin Log

This post first appeared on The 5th News, please read the originial post: here

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Laws Against 'Gouging' Are Simplistic and Wrong


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