5min chapter

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"Price gouging" in emergencies

Rationally Speaking Podcast

CHAPTER

Rationing Is Always a Worse System

Raymond niles, economist and senior fellow of the american institute for economic research: Rationing is always a worse system. Ami glazer, professor of economics at the university of california erbine, specializes in political economy. Glazer: Price gouging keeps essential goods available for people who really need them.

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