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Should price gouging be legal?
Price gouging should be legal.
It is unethical to deny people the opportunity to freely buy and sell among themselves, of their own free will.
Price gouging discourages people from hoarding goods.
Price gouging incentivizes suppliers to produce more goods in times of need.
Government interventions to the free market are usually counter-productive.
In a natural disaster, the price-gouger is often a monopolist, which is not beneficial for consumers.
Price gouging is unfair on the poor.
It is unethical to take advantage of people who have gone through natural disasters.
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