Rationally Speaking Podcast cover image

"Price gouging" in emergencies

Rationally Speaking Podcast

CHAPTER

Is the Market a Better System?

"If we ration it, we can guarantee that some people who really need the mask for their health enough, for whatever reason, aren't going to get it," he says. "There's no way of ian can't hold in his or her mind, the knowledge of who should get who needs it more,. So it's going to be an inferior aplocation of goods compared to what it would be with the market."

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner