The Ethics of Price Gouging

  title={The Ethics of Price Gouging},
  author={Matt Zwolinski},
  journal={ERPN: Decisions \& Choice (Sub-Topic)},
  • Matt Zwolinski
  • Published 2008
  • Economics
  • ERPN: Decisions & Choice (Sub-Topic)
Price gouging occurs when, in the wake of an emergency, sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs. Most people think that price gouging is immoral, and most states have laws rendering the practice a civil or criminal offense. The purpose of this paper is to explore some of the philosophic issues surrounding price gouging, and to argue that the common moral condemnation of it is largely mistaken. I will make this argument in… Expand
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