Showing posts with label free market fundamentalists. Show all posts
Showing posts with label free market fundamentalists. Show all posts

Tuesday, September 12, 2017

Peter Dorman — Price Gouging


Economic considerations versus social considerations. Is a society for its economy, or is the economy for the society for which it is the material life-support system?

There is more to liberalism than just economic liberalism. The free market fundamentalists that have been singing the praises of price gouging in crises as "the medicine of the market" have either forgotten this, or conveniently overlooked it.

EconoSpeak
Price Gouging
Peter Dorman | Professor of Political Economy, The Evergreen State College