Would he rather there be no tickets?
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Not to mention price discrimination (aka "gouging") is actually a good thing in many cases, cc
@feeonlinehttps://fee.org/articles/how-price-gouging-helped-my-family-during-a-storm/ … -
Sure but, airline seats aren't generally something people would hoard, right?
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Agreed (in current system), article I linked wasn't supposed to rebut that, Stef already mentioned supply & demand (main rebuttal) 1/2
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Supply-demand explains why price increase happens but makes no moral judgment on it. Agreed?
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Agreed, but voluntary tx's that don't initiate force/fraud don't involve morality, see Stef's book UPB for more: http://www.fdrurl.com/UPBPDF
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Interesting. Reading later. Thanks! Back to orig point of contention. Law against "gouging" probably counter-productive as airlines will...
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simply cut off supply, which leads to further govt intervention to force supply, which *would* then involve morality. That close to Stef?
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Definitely spot on, final point would be force is also involved on part of gov't from the start bc of massive entry barriers backed by guns
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Do you honestly expect anything different? It's Richard Martin...
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"Was going to take economics, but swapped it out last minute for gender studies."
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Every day it gets better and better. I open up Twitter and cannot believe the sheer stupidity all around us. Laugh to keep from crying.
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Exactly. Profits are waaaaay more important than humans
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Huh? I'm speaking like a true capitalist. Profits are more important we can make money of this. Amiright?
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I'm not. I'm for it. We can make ALOT of profit from this. Poor inhabitants will die but who cares they should have done better at life
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MONEY!
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Even the administration supports it!http://thehill.com/homenews/administration/348750-white-house-price-gouging-of-harvey-victims-will-not-be-tolerated …
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