When 'Price Gouging' Is Good: Michael Munger - a podcast by The Reason Interview With Nick Gillespie

from 2020-04-03T16:15:30

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Can price gouging be good, especially for poor people? Michael C. Munger, who teaches economics, political science, and public policy at Duke University, argues that prices contain vital information about supply and demand. When governments attempt to mandate cheap goods, they end up causing more shortages than they solve, especially true during a crisis. He talks with Nick Gillespie about coronavirus, coming food shortages in big cities, and why higher education will never be the same.

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