Archive for the 'price gouging' Category

We covered a lot of ground in the first 100 episodes - the Constitution, economics, abortion, social issues, healthcare, socialism and Christian apologetics to name a few. In this episode, I take a brief look at some of the myths we busted and review lessons learned.

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Despite the fact that April 2020 was dominated by the Coronavirus - shelter-in-place orders, social distancing, mask-wearing, economy-killing, stimulus spending and daily news conferences with the White House Coronavirus task force, there were a number of other noteworthy news items.

Show Notes

Drug Overdose, Head Trauma Deaths Added to Coronavirus Death Toll 

Fauci Admits U.S. was Given Incorrect Information 

Real COVID-19 Mortality Rate 25-60x Less

Over 30 Million Americans Have Lost Their Jobs in the Last Six Weeks 

Fed's Balance Sheet Skyrockets

Biden Sexual Assault Accuser Files Criminal Complaint Report

Biden Accuser Tara Reade's Mother Called Larry King CNN Program to Discuss Allegations

CNN Clip of Biden's Accuser's Mother Calling Larry King Vanishes from GooglePlay Catalog

Tara Reade's Former Neighbor Says They Discussed Alleged Biden Sex Assault in the Mid-1990's

Top Female Democrats Calling Biden Accuser a Liar

Fed Can't Print Gold BofA Calls Gold Ultimate Store of Value, Raises Price Target to $3,000

The World Health Organization's Swedish Flip Flop

Full Explanation Behind Oil's Unprecendented Negative Price

Two Weeks Later Most Small Businesses Still Haven't Gotten PPP Bailout Money

Small Business Owners Sue Wells Fargo, JP Morgan Over Virus Loan Debacle

Stimulus Intended to Help Coronavirus Ravaged Small Business Instead Rewarding Hedge Funds and Brokerages

Alexandria Ocasio Cortez and Jerry Nadler Want Four Billion Coronavirus Funding for Museums

Trump Suspends Immigration

Inject Disinfectant: Trump's Medical Claims Baffle National Experts

Don't Close Razor: Flynn FBI Setup Continue to Unravel

Something Seems Rotten in Flynn's Case

Small Business Bailout Demand So High SBA Portal Crashes Four Minutes After Second Round

Truth Quest Podcast

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As I record this episode in late March 2020, the world is living through the Coronavirus crisis. Recently my wife and I were discussing the toilet paper shortage. I explained that the reason there isn't any toilet paper now is because the stores did not raise the price when they saw a surge in demand. She argued that price gouging during a crisis is wrong and immoral. I tried to explain why it is actually a good thing. Full disclosure: She was not convinced. Hopefully you will be after listening.

We discuss some basic economic concepts like: What is a price and how do they fluctuate. Then we dive into the topic at hand - price gouging. This is followed by an examination of pandering politicians and price controls and the morality of price gouging. We wrap up the episode discussing the benefits of price gouging and whether or not these arguments hold up when a crisis is regional versus worldwide.

Show Notes

Bob Murphy - Hurricane Sandy and Gas Lines

John Stossel - Price Gouging

Walter E. Williams – Hillsdale College Speech

One or Two Cheers for Price Gougers; Three Cheers for Markets and No Cheers for Anti-Gouging Laws

Price Gouging Laws will do More Harm than Good During the Coronavirus Pandemic

A Primer on Price Gouging

Tom Woods Episode #987 - Price Gouging is Urgently Necessary

Words & Numbers Podcast - Price-Gouging Bans Don't Make Things Cheaper, They Make Them More Scarce.

Basic Economics, Thomas Sowell

Mises.org

FEE.org

 

The Truth Quest Podcast Patron Page

Join the conversation at The Truth Quest Facebook Fan Page

Order a copy of Shawn's books, Pritical Thinking, The Proverbs Project, The Termite Effect.

The video of this episode is available on YouTube, BitChute.com, and Brighteon.com.

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