Radical Personal Finance
Joshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core … read more
478-The Utility and Morality of Price Gouging
Whenever there's a natural disaster, we have various articles on price gouging's lamentability, to wit, its harmfulness and illegality.
But, is it really bad?
I say not.
"Price gouging" (or, more accurately stated, the adjustment of market prices to meet changing demand) has tremendous utility for the well-being of all involved and is absolutely upright, moral, and ethical.
Of course, this guy says it's wrong, morally and economically. I deal with his "arguments" in the show.
Joshua
- Support RPF on Patreon: www.radicalpersonlfinance.com/patron
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