It takes guts to go on CNN and explain economic truth – for humanitarian reasons – in the midst of emergency conditions. But FEE’s Distinguished Fellow Steven Horwitz did just that, right as Hurricane Irma is bearing down on Florida. The immediate problem is that anti-gouging laws have contributed to causing massive shortages for gasoline, water, and other essentials right when they are needed the most.
Here’s what Horwitz told CNN. His comments elicited outrage, inevitably. But actually, economic truth is more important now that ever.
Professor Horwitz Explains Price Gouging In the Midst of the Storm
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“Price Gouging” Is Urgently Necessary
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