Price Gouging and Property Rights – LewRockwell

“Price-gouging law has reared its ugly head in the wake of the flooding in Texas. This has totally overshadowed the alleged price gouging that occurred during the eclipse. The price of solar eclipse safety glasses was as low in the months before the eclipse, but rose to as much as $150 for the identical product on the day of the eclipse. And it turns out that prices for these glasses were higher along the direct path of the eclipse. Naturally, some eclipse glasses vendors were accused of price gouging because they demanded unreasonably high payments by exploiting unusual market conditions. …”

Source: Price Gouging and Property Rights – LewRockwell

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