View Single Post
  #4  
Old 11-22-2005, 03:35 AM
Guest
 
Posts: n/a
Default Re: thank you, price \'gougers\'

[ QUOTE ]
[ QUOTE ]
So do you believe in *no* price controls whatsoever, or limited price controls? Are there times when price controls might be necessary or just?

[/ QUOTE ]

"Necessary" depends on who you ask. Clearly, they can never be just. If two parties voluntarily agree on a transaction, what business is it of anyone else?

[/ QUOTE ]

Depends on the intended transaction. In an open market with a true barter system, this is entirely true. What if the merchant selling the good has no bartering power and all providers of the product offer at the same price?
Reply With Quote