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Loving the Gouger

Posted By Russ Roberts On February 6, 2009 @ 3:04 pm In Prices | Comments Disabled

From Reason [1] 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 [2]."
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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[2] generator man: http://www.kentucky.com/513/story/680251.html

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