Which states have price gouging laws?

Michael Giberson

A graphic illustrating states with price gouging laws (blue) and states without them (gold). For a list of the states with citations and related notes, see my earlier “List of States With Anti-Price Gouging Laws.”

STATES_W_APGL_2012_NOV

 

So far as I know, the only serious attempt to explain why some states do have price gouging laws and others do not is Cale Wren Davis’s thesis,  “An analysis of the enactment of anti-price gouging laws,” Montana State University, (2008).

Davis makes some progress, but there is still a lot of work to be done on the political economy of price gouging.

Some more worthwhile price gouging links

Lynne Kiesling

I cannot recommend highly enough the EconTalk conversation between Russ Roberts and Mike Munger on price gouging. Some hurricane, some gasoline, some John Locke, some Aquinas, well worth your time. Their discussion of Locke is fascinating. The comments from readers/listeners are also quite good.

On the same topic, Art Carden posts a useful infographic on price gouging. Good conversation starter/discussion focal point for students.