New Yorkers didn’t ‘share the pain’ of higher gasoline prices during emergency

Michael Giberson One idea advanced by proponents of anti-price gouging laws is that after disaster strikes people should put aside their usual self-interests, join in with the community, and share in the burden of recovery. What these proponents often miss is that normal market adjustments will support a sharing in the burden of recovery, even … More New Yorkers didn’t ‘share the pain’ of higher gasoline prices during emergency

Another round of price gouging charges in New York

Michael Giberson The New York Attorney General’s office continues its aggressive pursuit of price gouging violations, announcing another 12 cases last week. From the press release: “Our office will continue to take enforcement actions against price gougers because ripping off New Yorkers is against the law,”¬†Attorney General Schneiderman¬†said. “We are actively investigating the hundreds of … More Another round of price gouging charges in New York