Figured since this was an economics concept and deals with a current even (Hurricane Irene) it might use its own thread…
I found it to be a pretty elementary take on price gouging. He doesn’t even mention the fact that higher prices incentivise vendors and outside suppliers to increase and preserve the supply of goods in urgent demand which can help elliviate the inevitable supply shock after a natural disaster.
Yeah I was kinda waiting for that too. But he has over 35,000 subscribers. It’s better than nothing.