Wed, 30 August 2017
During natural disasters, there's a sudden and intense spike in demand for the existing stock of resources. This puts upward pressure on prices, and this upward pressure has salutary effects (which we'll discuss in this episode).
That's not how most people see it. "Price gouging," to the man on the street, involves the unconscionable exploitation of vulnerable people's difficult situations in order to make a quick buck.