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"Price gouging" in emergencies
Episode 257

"Price gouging" in emergencies

Rationally Speaking Podcast · Rationally Speaking

August 19, 202152m 8s

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Show Notes

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.