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Why Is This Price Gouging 794

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5 NYC Cops Sue City for Coerced Rehab
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That's a little unreasonable, don't you think? To show that fair prices exist, it suffices to find one. I believe that the price I pay for corn at the supermarket is pretty fair, for example, because it has been about the same for quite some time, and has been settled by healthy compebreastion. The cab fare I would pay today in NYC is probably similarly fair, although I don't have the same sort of personal experience with that.

Along the same lines, to show that unfair prices exist, it suffices to find one. If a corn vendor decided to charge me twice as much, just because I had a sudden desperate need for corn, and no easy recourse to other vendors, then that would certainly qualify.

If we can pbutt laws against such things as money laundering, which is much more difficult to measure, really, then I'm certain we could manage to pbutt laws against price gouging.

Again, I think that's unreasonable. Why would anyone think that the existence of unworkable markets during a period of currency unification has any bearing whatsoever on whether or not there was a fair price for taxis in NYC during the transportation strike?

-- Matt


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