Price Gouging on Gasoline? Yes, Please!

I want to head this one off before we (inevitably) get to it.

Price gouging is actually a good thing when we are met with acute shortages. WE WANT BUSINESSES TO PRICE GOUGE. It’s the only way to stop retards from hoarding things amidst a panic. For some good academic writing on why price gouging is a good thing, check here, here, here, here, and here.

Of course, given what’s transpired in recent days (Colonial Pipeline problems), this will be an issue if it isn’t already as I write this. Don’t complain about gouging. Remember how stupid people were with the toilet paper and hand sanitizer last year. Price gouging is how the market corrects and prevents such insanity.

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s