A lot of folks like the idea of imposing ‘price gouging’ laws in the wake of natural disasters. But do price-gouging laws really ‘protect’ people? Or, do they hurt the very people they’re supposed to help? Dr. Roy Cordato, John Locke Foundation senior economist and resident scholar, explains why price-gouging laws are counterproductive. Cordato offered these comments during an interview with Donna Martinez for Carolina Journal Radio. WATCH here.
by Donna Martinez
Former Senior Writer and Editor, John Locke Foundation