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cover of episode "Price gouging" in emergencies

"Price gouging" in emergencies

2021/8/19
logo of podcast Rationally Speaking Podcast

Rationally Speaking Podcast

Shownotes Transcript

Every time there’s an emergency, the prices of certain goods skyrocket -- like masks and hand sanitizer during COVID --  and the public gets angry about price gouging. In this episode, two economists (Raymond Niles and Amihai Glazer) make the case for why “price gouging” is actually a good thing, and Julia raises potential counterarguments.