New York’s Failed Economic Case for Price-Gouging Enforcement - R Street Institute

New York’s Failed Economic Case for Price-Gouging Enforcement - R Street Institute

A major winter storm across northern New York State in January 1998 snapped power lines and left thousands without electricity, as temperatures plunged. In the small town of Chazy, just south of the Canadian border, a local hardware store stepped up. Chazy Hardware had just one generator on hand, but it managed to locate 54...