Rationally Speaking Podcast
Rationally Speaking Podcast
New York City Skeptics
"Price gouging" in emergencies
52 minutes Posted Aug 19, 2021 at 2:31 am.
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Every time there’s an emergency, the prices of certain goods skyrocket -- like masks and hand sanitizer during COVID --  and the public gets angry about price gouging. In this episode, two economists (Raymond Niles and Amihai Glazer) make the case for why “price gouging” is actually a good thing, and Julia raises potential counterarguments.