2min chapter

Rationally Speaking Podcast cover image

"Price gouging" in emergencies

Rationally Speaking Podcast

CHAPTER

The Problem for the Poor Is Not Liquidity Constrained

"The problem for the poor is often they are liquidity constrained. They don't have cash, so they can't afford it," he says. "So in an emergency, our existing methods of helping the poor can be extended for to other goods." 'That's a great idea and a great point,' writes CNN iReporter David Bianculli.

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