Monday , May 20 2024
Home / Mike Norman Economics / Peter Dorman — Price Gouging

Peter Dorman — Price Gouging

Summary:
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. EconoSpeakPrice GougingPeter Dorman | Professor of Political Economy, The Evergreen State College

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Jodi Beggs writes Just a Couple More Things on Price Gouging and Then I’ll Shut Up (For Now)…

Jodi Beggs writes Why Do People Hate “Price Gouging” So Much? Economists, Take Note…


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
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *