Please state the nature of the economic emergency: a note on price gouging laws

Michael Giberson The moral intuition that undergirds price gouging laws may be described as “it is wrong to take advantage of people in distress for personal economic gain.” In states with price gouging laws, the laws are typically in force only during officially declared emergencies. This limitation – that they are enforced only during declared emergencies … More Please state the nature of the economic emergency: a note on price gouging laws