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Forget Price Gouging: Businesses React Altruistically to Disasters – Gillespie & McDaniel in Reason

With Hurricane Irma and Hurricane Harvey in the news, the country is being treated to a real-time debate over the sins of so-called price gouging, or sharp hikes in the cost of food, water, fuel, and other essential items in affected areas.

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Price Gouging – John Stossel in Townhall

Texas Attorney General Ken Paxton is upset about “price gouging” during hurricane Harvey. Some stores raised prices to $99 for a case of bottled water — $5 for a gallon of gas. “These are things you can’t do in Texas,” he says. “There are significant penalties if you price gouge[…]

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