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

No. The reason for anti-gouging laws is to make sure people don't die in the aftermath of major disasters because they can't afford the newly jacked-up prices for necessities. It's not about ivory-tower philosophy.

Besides, the 99 44/100% purity of capitalism this author seeks can't be found anywhere else in the United States, so why should he expect to find it in a hurricane zone?

29 posted on 08/17/2004 4:31:10 PM PDT by Dont Mention the War (we use the ¡°ml maximize¡± command in Stata to obtain estimates of each aj , bj, and cm.)
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To: Dont Mention the War

No. The reason for anti-gouging laws is to make sure people don't die in the aftermath of major disasters because they can't afford the newly jacked-up prices for necessities

Capitalism serves the same purpose and does a better job than anti-gouging laws. If your life depends on something you are much less likely to die for want of money than you are to die because of zero supply.

If your life depends on perishable medicine, you had better hope that the local drugstore had access to ice or electricity for refrigeration to protect their stocks.

122 posted on 08/17/2004 11:39:18 PM PDT by Dan Evans
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