Economists Petition Politicians to Repeal Laws against “Price Gouging”

By Jon Hersey

Raymond C. Niles, a senior fellow at the American Institute for Economic Research and assistant professor of economics and management at DePauw University, is petitioning politicians to repeal laws against “price gouging.” He writes that such laws are “a form of price control” that “causes the shortages of the very products that can ensure our health an…