Not Quite Yet Lennon/McCartney, But….

by Don Boudreaux on December 11, 2005

in Prices

Roberts/Boudreaux are quoted extensively in this article appearing in today’s St. Petersburg Times.  The author, Graham  Brink, is one journalist who understands that government regulations against so-called "price gouging" are harmful.

Comments

{ 1 comment }

Russell Nelson December 12, 2005 at 3:04 am

I prefer to put it this way:

People who are of an altruistic bent are already helping people. The mere presence of a disaster in your community isn't sufficient to entice them to come to another community. If they can be helpful by driving a truckload of generators down AND make a profit, you know they'll apply it to their altruistic activities. Giving money to a successful entrepreneur or altruist serves the public good by encouraging her to be even MORE entrepreneurial or altruistic.

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