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A comment on Economists who defend disaster profiteers are wrong. Parent comment

Re:Economists who defend disaster profiteers are wrong by quotemstr on Monday April 13, 2020 @10:59PM (#22862353)
Right. High prices serve as a production signal and a rationing mechanism. There is nothing wrong with rationing access to scarce goods via the price mechanism. The alternative is waste.
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Re:Economists who defend disaster profiteers are wrong by andrewmutz on Monday April 13, 2020 @11:13PM (#22862447)
Your right of course, and Economists agree with you by large margins.

But the man on the street finds this offensive, and you can see that in the downvotes your comment is receiving.

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Re:Economists who defend disaster profiteers are wrong by someguydave on Tuesday April 14, 2020 @07:11PM (#22872590)
It does demonstrate the degree of historical and economic literacy here on this supposed forum of SV intelligentsia.
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Re:Economists who defend disaster profiteers are wrong by logicchains on Monday April 13, 2020 @11:27PM (#22862504)
Maybe in this case the men in the street will get their comeuppance when they find themselves left jobless by the indiscriminately economically destructive lockdown policies they cheered on.
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