Is price gouging a problem?

2/28/23, The Indicator (9:13)


Teaching Ideas

Summary: Recent surges in prices for important commodities like eggs and oil have led to a flurry of politicians and advocacy groups decrying “price-gouging.” But what exactly is price-gouging? As the podcast highlights, most economists would argue that it is a highly subjective concept, rather than a technical economic term.

Posted March 6, 2023 by ishanitewari in THE INDICATOR

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