Difference between revisions of "Price Gouging"
From Critiques Of Libertarianism
| Line 2: | Line 2: | ||
[[Category:Repugnant Markets]] | [[Category:Repugnant Markets]] | ||
[[Category:Economics 101]] | [[Category:Economics 101]] | ||
| − | {{DES | des = Price Gouging during disasters is strongly defended by libertarians and others using bad [[Economics 101]] arguments. Price Gouging occurs during non-equilibrium situations and does not support the justifications made for markets in the first place. | show=}} | + | {{DES | des = Price Gouging during disasters is strongly defended by libertarians and others using bad [[Economics 101]] arguments that presume only money matters and ignore non-monetary externalities. Price Gouging occurs during non-equilibrium situations and does not support the justifications made for markets in the first place. | show=}} |
<!-- insert wiki page text here --> | <!-- insert wiki page text here --> | ||
<!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> | <!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> | ||
