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by Evbn 5005 days ago
Surprised no one has nailed you for the gas gouging example. During a shortage, raising prices gets the gas to where it is needed most. Raising gas during an emergency ("value prcing") when there is no shortage, is a different matter.
1 comments

Sorry I was not clear, the shortage I was talking about was something like a hurricane. Where people are preying on the desperation of the situation. Sure we could allow an unbridled market in such situation, but I think most would agree that gouging in an emergency goes beyond even the rent seeking of the rent to own establishments.