On the morality of raising prices in an emergency

Michael Giberson Arnold Kling has some interesting insights on what is sometimes pejoratively referred to as price gouging: One of the issues that [Russ Robert’s didactic novel, The Price of Everything] raises–the very first one, in fact–is the morality of raising prices when something becomes scarce, such as flashlights after a weather disaster. Russ makes … More On the morality of raising prices in an emergencyMore On the morality of raising prices in an emergency