Should state laws prohibiting price gouging on essential goods and services apply to individual consumer purchases of N95 masks? The New York state law prohibits unconscionably excessive prices f...
Massachusetts Attorney General Maura Healey has been active fighting against price gouging during the pandemic emergency. Actually, she was on the case even before the governor issued a stay-at-h...
https://knowledgeproblem.com/2020/05/14/consumer-complaints-in-mass/
First let’s unpack the “against anti-anti-anti-price gouging” title to get oriented: Price gouging – a common name for price increases of goods in demand due to an emergency Anti-price go...
https://knowledgeproblem.com/2020/05/07/against-anti-anti-anti-price-gouging/
Halea Walker and I have an op-ed appearing in the Dallas Morning News explaining that Texas’s anti-price gouging law comes with some unintended consequences. What I most want to say about price...
https://knowledgeproblem.com/2018/08/20/texas-price-gouging-law-is-backfiring/
I get a mention in the September 12, 2017, Deal Book column in the New York Times: “Price caps discourage extraordinary supply efforts that would help bring goods in high demand into the affect...
Tim Worstall reminds us of the value of relying on prices to help get resources to where they are most useful: The economics of this is really terribly, terribly, simple. As a result of the disas...
https://knowledgeproblem.com/2017/08/27/worstall-hurricane-harvey-is-when-we-need-price-gouging/
Major sporting events can substantially boost demand for hotel rooms and, given the difficulty of building new hotels on short notice, lead to price hikes and consumer complaints about price goug...
https://knowledgeproblem.com/2016/08/25/elasticity-of-supply-reduces-hotel-price-spikes/
On Friday, the U.S. Department of Transportation announced it had launched an investigation into possible “unfair practices (e.g., price gouging) affecting air travel during the period of time ...
On May 12, 2015 Kentucky Attorney General Jack Conway filed a lawsuit against Marathon Petroleum Company alleging Marathon has engaged in anti-competitive practices that cause higher gasoline...
At the Master Resource blog today: “In Defense of Price ‘Gouging’ (lines and shortages are uneconomic, discriminatory).” In the essay I emphasize the unintended bias that results when con...
https://knowledgeproblem.com/2015/01/28/you-should-probably-raise-prices-a-bit-during-emergencies/