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Tag: price gouging

Capitalism vs. Price Gouging

April 2, 2020 ~ cafebedouin

Open Question: When does capitalism become price gouging? Strikes me that price gouging is during acute events where people with means cannot buy what they want, i.e., the price mechanism breaks badly enough that it impacts society-at-large rather than a minority. But, so long as it's impacts a minority or is an plausibly deniable externality, … Continue reading Capitalism vs. Price Gouging

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