Price Gouging and Property Rights

Price-gouging law has reared its ugly head in the wake of the flooding in Texas. This has totally overshadowed the alleged price gouging that occurred during the eclipse.

The price of solar eclipse safety glasses was as low in the months before the eclipse, but rose to as much as $150 for the identical product on the day of the eclipse. And it turns out that prices for these glasses were higher along the direct path of the eclipse. Naturally, some eclipse glasses vendors were accused of price...

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Published on September 12, 2017 21:01
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Llewellyn H. Rockwell Jr.'s Blog

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