korrents

Our readingWhat is a korrent?

Price gouging should be legal, because a sharply higher price is what sends scarce supply to the people who need it most.

Drawn from what John H. Cochrane said

What this subject means

price gouging Whether a price should be allowed to spike in a shortage, and what happens to supply when it is not.

What John H. Cochrane actually said

  1. John H. Cochrane Economist at the Hoover Institution
    Price gouging is wonderful for all the reasons that letting supply equals demand is wonderful. When there is a limited supply, then a sharply higher price directs that supply to those who really need it.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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