Price gouging is good! Misguided criticism of price
gouging follows earthquakes in California, as it follows Hurricanes Florida,
and floods in the Midwest.
Price gouging provides extra money for suppliers to
buy larger shipments of necessities and pay added costs for urgent delivery
and extra employees under crisis conditions. Wholesalers and distributors
quickly reroute supplies to disaster areas where increased demand covers
the added costs and permits a greater profit. To defeat price gouging
further hurts those who are already hurting.
Price gouging is great! Higher prices cause people in
non-damaged areas to delay purchases of building materials, freeing the
material up for sale in disaster areas. Protests of price gouging
are made by the same people who whine about bare shelves in non-gouging
stores. Price gouging is how free market pricing restrains buyers who would
rush into non-gouging stores before or during a crisis and leave nothing
but anchovies (but at the non-gouged price, of course).
All goods are private property and sellers can charge
whatever they wish or not sell at all. Anti-gouging laws cause sellers
not to reroute items to disaster areas and to delay selling near disaster
areas. People who support anti-gouging laws are ignorant statists
who cut their own throats (and others').
Price-gougers should be praised. Sellers who do
not gouge prices do not do themselves or consumers any favors. They
encourage hoarding and lessen their ability to increase replenishments.
Any Libertarian or Objectivist will point out that anti-gouging
laws achieve the opposite of what was intended. Eastern Europe, the former
Soviet Union, China and other socialist economies demonstrate that government
attempts to suppress prices causes greater shortages and suffering.
The laws of supply and demand do not change by popular edict.
Mandating price gouging would make more sense than banning
it, though no law at all is best. The "correct" price for all goods
at all times is the highest price anyone will pay. That is how Capitalism
creates abundance and prosperity. Price gouging is beneficial.
LIBERTARIAN LAWYER, LECTURER, HISTORIAN & JOURNALIST. LIBERTARIAN ...
Sanger embraced Malthusian eugenics. The Civil War against Southern Independence
was another example of socialists addressing a problem with death. http://rexcurry.net/blog.html
EARTH CHARTER COMMUNITY SUMMIT VERSUS LIBERTARIAN ENVIRONMENTALISM Cuba,
eastern Europe, the former Soviet Union, China and other socialist messes
have demonstrated that the Malthusian theory is manifested only in socialist
LIBERTARIANZ & LIBERTARIAN RESOURCES DR. R. CURRY & REXISMS on OVERPOPULATION
- the Malthusian theory only exists in socialism. OVERPOPULATION: A web search
for “the Malthusian theory. http://rexcurry.net/full_blooded_tampan.html
socialismmalthus -A web search for “the Malthusian theory is manifested
only in socialist economies" ... “The Malthusian theory only exists in non-capitalist
PRICE GOUGING IS GOOD & ANTI GOUGING LAWS ARE BAD How to fight
laws against price gouging by libertarian Attorney Rex Curry. Dr. Curry
covers freedom, libertarianism http://rexcurry.net/gouginglaws.html
Daniel Ruth & Tampa Tribune defeated by Dr. Rex Curry, free-market
advocate, in public debate challenge about "Price Gouging" http://rexcurry.net/Ruth.html
Price Gouging in the Auburn Plainsman - Despite complaints about paying
extra for gas after Katrina, many people — not just gas station owners —
believe the illegal action of price gouging is good. http://rexcurry.net/price-gouging-auburn.html
price-gouging - The executive order activates a state law that makes
price-gouging illegal. It defines the practice as "unconscionable" price
increases for lodging etc http://rexcurry.net/price-gouging.html