Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: CTOCS

Wow. Excellent post.


16 posted on 08/17/2004 4:12:33 PM PDT by r9etb
[ Post Reply | Private Reply | To 14 | View Replies ]


To: r9etb

The post (14) provides another example of the market, not the government, determining supply. The shop owner percieved that his long term interest lay in not raising his prices. This would apply equally to large scale vendors (Home Depot etc.) PR, not ill-concieved laws, will prevent extreme gouging. Moderate "gouging" will more quickly restore inventories, thereby lessening the duration of the crisis. No one should go to jail or be fined for accepting any amount of money for a legal good from a willing buyer.


27 posted on 08/17/2004 4:27:58 PM PDT by xlib
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson