Monday, February 06, 2006
Debunking price gouging,
Liberals love to use the term "price gouging" whenever they think a price of a product or service is too expensive. But in a free market system price gouging can't exist...at least not for long. Is the high price of a Superbowl ticket a result of price gouging? After all it is only a ticket to a football game. The answer is of course no; the high demand results in the high price. It's not rocket science.
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