As a resident of Florida, I was naturally concerned about how the state would be impacted by Hurricane Dorian.
While the experts are unable to predict where Hurricane Dorian will hit, it is not difficult to issue another prediction that is 99 percent certain to become true: Once Dorian makes landfall, public officials will be enforcing anti-gouging laws.
What does the price of a good matter if you can't buy it because it's all gone?
"Price gouging" serves an important purpose, and it turns out that a fair number of people already understand that.
"Every funeral home in the state knows that victims get $7,500 for a funeral and it's their goal to charge the entire amount because it's easy money,"
Consumers, who are already being squeezed by rising interest rates (even as the return on their cash deposits remains anchored near zero), are facing another potential constraint on their already limited purchasing power.
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.
It takes guts to go on CNN and explain economic truth – for humanitarian reasons – in the midst of emergency conditions.
As so often happens in the wake of a natural disaster, government officials in Texas are currently investigating claims of "price gouging," which the office of the Attorney General reminds residents is illegal after the governor declares a disast
Blame Anti-Gouging Laws for Shortages
I was grateful for Walmart because by raising its price for milk it thwarted the greedy customers who, without consideration for others, snatch up two and three gallons.
Never underestimate the power of the private sector to rise up to any challenge.
High profits encourage new sellers to enter the market, which brings prices down.
I had been a DirecTV subscriber for years, mostly so I could watch sports, which is the only reason I have a television.
WASHINGTON - We all know traffic in the D.C. region can be a trying experience with long commutes and delays, especially with precipitation falling in the area. But as the first snowfall arrived in the D.C. region Thursday evening, commuters driving