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 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.