Is price gouging wrong? For many, this practice does not exactly seem to be ethical. So, there is a moral angle here which suggests that raising prices of goods such as toilet paper and bottled water when a hurricane cuts off supply—and forces the market into a shortage—is not the most humane practice. The economic angle, which is more important
The small and beautiful island of Sri Lanka is often eclipsed by discussions surrounding its richer, strategically more important, and dimensionally bigger northern neighbor, India. Recently, the island has been battling an unprecedented economic crisis of an alarming magnitude. While it is true that this crisis could have catapulted the island
¿Es malo el abuso de los precios? Para muchos, esta práctica no parece precisamente ética. Por tanto, hay un ángulo moral que sugiere que subir los precios de bienes como el papel higiénico y el agua embotellada cuando un huracán corta el suministro —y obliga al mercado a sufrir escasez— no es la práctica más humana. El punto de vista económico,
La pequeña y hermosa isla de Sri Lanka queda a menudo eclipsada por los debates en torno a su vecino del norte, más rico, estratégicamente más importante y de mayores dimensiones, India. Recientemente, la isla ha estado luchando contra una crisis económica sin precedentes de una magnitud alarmante. Si bien es cierto que esta crisis podría haber
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.