
Does Advanced Econ Justify Kamala Harris on Price Gouging?
The Human Action Podcast
Navigating Price Gouging: Economics in Crisis
This chapter examines the role of price gouging during natural disasters and its implications for resource allocation and supply management. The discussion highlights historical and contemporary examples of price controls, analyzing their adverse effects on economies and the importance of market fluctuations. By contrasting traditional economic theories with real-world data, the speakers argue for a nuanced understanding of price sensitivity in relation to agricultural production.
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