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URL:  http://boards.fool.com/madcapitalist-wrote-quotprice-gougingquot-is-30387405.aspx

Subject:  Re: Price-gouging laws suck Date:  11/17/2012  5:49 PM
Author:  warrl Number:  655725 of 743975

MadCapitalist wrote: "Price gouging" is moral because it is based on completely voluntary transactions.

Picture this:

Disaster has struck an area.

There's only one physician in a neighborhood of 10,000 people.

Triage is what usually occurs, but the physician is amoral.

He will assist only those who have the most money and will pay him cash.

Hardly "voluntary" and, in my opinion, morally wrong.


100% voluntary. Possession of an MD degree and medical license does not strip a person of his human rights. He is morally and legally completely within his rights to pack up his bags and take himself and his family out of the disaster area.

If he chooses to offer his services to others, regardless of the conditions he puts on that service, it is clearly to the benefit of those who choose to meet those conditions. And those who do not choose to do so are no worse off than they would be if he packed up and left.
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