> How much my home is worth should not be capped by whatever government thinks
What's your take on anti-price-gauging laws? Should the government "cap" the price of food and bottled water after a natural disaster, or should the seller determine how much it's worth, as determined by supply & demand?
I'm generally not against the existence/enforcement of price smoothing laws (over time - as the intention with anti-price-gauging laws, or across the market, with market comparisons). I think it strikes a good balance when bridging the macro to the micro.
What's your take on anti-price-gauging laws? Should the government "cap" the price of food and bottled water after a natural disaster, or should the seller determine how much it's worth, as determined by supply & demand?