The Predator, the Gouger, and the Price-Fixer

Source: The Pamphleteer
by Davis Hunt

“Since anointing Kamala Harris as their heir apparent, Democrats have cycled through various buzzwords in an attempt to find one that activates the most voters. After trying out ‘Republicans are weird’ before a vague paean to ‘Joy,’ the party’s latest fixation is price gouging, price gouging in grocery stores in particular. Since the beginning of this month, Harris has spoken of price controls on food. To field test the idea, The Atlantic ran a story with the headline ‘Sometimes You Just Have to Ignore the Economists: Kamala Harris’s proposed price-gouging ban might irritate academics, but it makes sense to everyone else.’ Grocery stores run on notoriously thin margins, so economically, they’re a nonsensical target. But the goal isn’t to effectively rail against corporate greed; rather, it’s to effectively obscure and distract from the government’s role in inflation.” (08/27/24)

https://pamphleteer.co/newsletter/the-predator-the-gouger-and-the-price-fixer/