yeah, but there's more to the euphemism than there is to the phrase "price gouging." Henry George took the theory of scarcity rents and ran with it, advocating a tax on all land. Price gouging seems to be a totally moral category.
On 3/16/06, Eugene Coyle <[EMAIL PROTECTED]> wrote: > I thought scarcity rent was the economists' euphemism for charging what the > traffic will bear, i. e. price gouging. -- Jim Devine / "There can be no real individual freedom in the presence of economic insecurity." -- Chester Bowles
