[beaureguard]

Found this interesting article - what say the freepers? Does this guy make his case?

[BMiles2112]

...

[ninonitti]

Having suffered under Rent Control for years.....I've also witnessed the increase in housing that it's abolition created.

[Maurice Tift]

Does this guy make his case?

He makes his case very well. I felt like screaming at the TV when I heard politicians railing against price gouging. The author is correct. Nothing beats the market when it comes to allocating scarce resources and he gave a good example to make his point.

[AndyJackson]

Supplies are then more likely to be sustained,

In DC last year when the Hurricane hit, prices went up on a lot of things in demand. This paid the cost of redirecting supply from other parts of the country.

Markets work.

[Repairman Jack]

If all these socialists who oppose "price gouging" recognize that in an emergency situation, factors are different, then why do they expect merchants to sell at prices not adjusted to the new factors?

"Gouging" works, and those who oppose it by law are socialists.

[HiTech RedNeck]

Indeed, under this second scenario—the market scenario—vendors are scrambling to make ice available and to advertise that availability by whatever means available to them given the lack of power. Vendors who would have stayed home until power were generally restored might now go to heroic lengths to keep their stores open and make their stocks available to consumers.

Those that could would anyhow, for the sake of compassion, not of pa$$ion.

[Age of Reason]

High prices would encourage individual entrepreneurs to drive stuff hundreds of miles to the scene of the disaster, where they could sell it at a profit.

This would increase the flow of supplies to the stricken area.