Is Price Gouging Bad Summary

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Price gouging, or raising the price of a good or product much higher than seems reasonable, in an area where a natural disater has struck may seem good or bad, depending on which point of view you choose to look at it from. In the video Is Price Gouging Bad?, Art Carden brings up the econmic reasoning behind price gouging, saying it is a good thing to due, as "prices send very, very vauleable signals about what's really, really scare..." and makes sure the people who truly need that item get it. Despite the points that Art Carden makes, I belive price gouging, especially in areas of disaster, should be

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