Loving the Gouger

by Russ Roberts on February 6, 2009

in Prices

From Reason comes the tale of David Strange, the generator man, bringing electricity to people in the wake of ice storms in Kentucky:

Enter David Strange, the enterprising figure the Associated Press calls the "generator man."
Strange drove the hills and hollows of backwoods Kentucky delivering
and setting up generators to those without power—at a $50 to $100
mark-up over retail. Willing customers included a dialysis patient and
a powerless 80-year-old woman dependent on an oxygen system. They
called him a "godsend," although Strange prefers "jack of all trades"
or even "hustler." To Adam Smith, he would be recognizable as an agent
of the invisible hand.


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