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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 WalterBright on Tuesday April 14, 2020 @02:54PM (#22869951)
What happens in a hurricane zone (or used to happen until laws were passed against it) is everyone outside the zone with a pickup truck and a gas can would fill the can with gas and drive it into the zone and sell it at a profit.

This caused a huge hue and cry about how terrible it was. So the law clamped down on it.

Now people in a hurricane zone get no gas while they wait around for the government to provide some.

So, which is better:

1. gas at a higher price

2. no gas

?

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Re:Economists who defend disaster profiteers are wrong by downerending on Tuesday April 14, 2020 @04:36PM (#22871127)
Apparently it's easier to downvote than to suggest a workable alternative.

Per Sowell, there is no cosmic justice, and pretending so just makes things worse.

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Re:Economists who defend disaster profiteers are wrong by WalterBright on Tuesday April 14, 2020 @04:46PM (#22871223)
Yup. Designing an economy around denying fundamental human nature is doomed to miserable failure.
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