Words & Numbers

The laws of economics aren’t social conventions that we can choose to follow or ignore as it suits us. When demand for a product outstrips supply, the price of the product rises. Calling it, “price gouging,” and outlawing doesn’t make the price increase go away. It simply hides it in other forms. When it comes to price gouging laws, we only think we are choosing between a high price and a low price. We are actually choosing between a high price and a shortage. Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Get Your Copy of Cooperation and Coercion Now! https://isi.org/cooperation-and-coercion-preorder/ Quick Hits Dayton University Pepper Sprays Its Students https://www.dispatch.com/news/20200311/police-fire-pepper-balls-at-disorderly-crowd-near-university-of-dayton-after-coronavirus-dorm-closing-announcement People Calling 911 for Toilet Paper https://www.fox5ny.com/news/do-not-call-911-just-because-you-ran-out-of-toilet-paper-oregon-police-say Foolishness of th