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Wednesday, May 5, 2010

Price Gouging?

Does such a thing exist?

I do not think so, but then again I am an econ major. If you think it does happen, read this article on a recent situation in Boston. The author does a better job than I can at defending my point (mostly because I have a final tomorrow and I need to study).

(HT Dr. Mankiw, there are some other good posts on his blog)

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