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 Originally Posted by a500lbgorilla
I'm focusing on how people act in the world and you're focusing on how people act in a free market.
Which is the same thing, at least in this context. The market includes virtually everything anybody would choose to do. Choosing to allocate generators during a disaster for free is a market behavior, and so is choosing to send money to a disaster relief fund. The issue here is that laws exist that try to solve perceived problems, yet they don't.
I think it's important to keep in mind that markets are fluid and consequential. Allowing price gouges doesn't mean all prices will be gouged, but people tend to think it does. Overall, allowing price gouges probably increases competition and lowers prices to the most effective rate. Gouging is usually a terrible business decision, and companies that do it go out of business. In a disaster scenario like this, markets react very efficiently. It isn't magic, and it's even swifter than overnight. Business puts its focus where its needed and wanted. Every business does this, but to us they don't seem that mobile because most are set up in such a way that they aren't supposed to be mobile. But others are meant to be mobile, and some of those are companies with a lot of disaster relief product
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