COMMENT: Toner, Mike (MC1972) and “law of the jungle”

2017-Sep-13

In last week’s EndNote you said

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“Why there is NO SUCH THING as “price gouging”!

Listen to the first cut of Jason’s podcast aa he clearly explains that “gouging prices” ensure that there is supply for those who need it the most.

A displaced family might squeeze into one room at the “gouging” price as opposed to spreading out in two rooms at the regular price. Thus ensuring a room for another family.

Argh.

Simple law of economics at work to balance supply and demand.

Great explanation!!!”

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I think an awfully benign (naive) justification of the “law of the jungle”

But, as always, thank you for you great work as JJ publisher and CIC!

mike toner
BEE ’72
Buffalo, NY

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Toner, Mike (MC1972)

# – # – # – # – #  2017-Sep-13 @ 19:58  

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