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VIDEO: In praise of price-gouging

...and shooting looters (well, the video doesn't say that)

Matthew Vadum author image /

Reports are coming in from yet-to-be-hit Florida that people or businesses or The Boogeyman are “price-gouging.”

Oh, the horror!

Without raising prices to match market conditions, the shelves will be bare a lot sooner than they otherwise might be.

Markets are not the enemy, even in times of natural disaster. If your life is on the line, cough up the extra dough for bottled water or gasoline. You’re worth it.

Also, shoot looters. Thanks.

P.S. The wonderful Institute for Human Studies put together this video, “Is Price Gouging Immoral? Should It Be Illegal?”, that makes the case for allowing markets to function during emergencies:

 

The Author

Matthew Vadum

The author of Subversion Inc.: How Obama‚Äôs ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum writes and speaks widely on ACORN and other…

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