Wednesday, August 08, 2007

Price Gouging

JQP on price-gouging. A subject I have whinged about before.

as a thought experiment, try to imagine any exchange in the form of barter that can be seen as anticompetitive. i wasn't able to, but i'm sure that bartering a ton of turnips for life-saving diabetes drugs would surely raise some hackles.

Interesting point. Usually, the person with the money is seen as having the upper hand. Developers, middlemen, etc. The person with the merchandise usually is the person we pity. So are anti-gouging laws supposed to protect sellers from immoral behavior, or to protect buyers from getting things they want, need, and are willing to pay for.

'Cause those are the only two possibilities....

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