Business Ethics Quarterly 18 (3):347-378 (2008)
|Abstract||Price gouging occurs when, in the wake of an emergency, sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs. Most people think that price gouging is immoral, and most states have laws rendering the practice a civil or criminal offense. The purpose of this paper is to explore some of the philosophic issues surrounding price gouging, and to argue that the common moral condemnation of it is largely mistaken. I make this argument in three steps, by rebutting three widely held beliefs about the ethics of price gouging: 1) that laws prohibiting price gouging are morally justified, 2) that price gouging is morally impermissible behavior, even if it ought not be illegal, and 3) that price gouging reflects poorly on the moral character of those who engage in it, even if the act itself is not morally impermissible.|
|Keywords||Business Ethics Price Gouging Efficiency Exlpoitation Hayek Coercion|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
James J. Angel & Douglas M. McCabe (2009). The Ethics of Speculation. Journal of Business Ethics 90 (3):277-286.
Per Sandin & Misse Wester (2009). The Moral Black Hole. Ethical Theory and Moral Practice 12 (3):291 - 301.
Jeremy Snyder (2009). Efficiency, Equity, and Price Gouging. Business Ethics Quarterly 19 (2):303-306.
Jeremy Snyder (2009). Efficiency, Equity, and Price Gouging: A Response to Zwolinski. Business Ethics Quarterly 19 (2):303-306.
Julian Lamont & Christi Favor (2009). Price Gouging in Disaster Zones: An Ethical Framework. Social Alternatives 28 (1):49-54.
Jeremy Snyder (2009). What's the Matter with Price Gouging? Business Ethics Quarterly 19 (2):275-293.
Matt Zwolinski (2009). Price Gouging, Non-Worseness, and Distributive Justice. Business Ethics Quarterly 19 (2):295-306.
Matt Zwolinski (2009). Dialogue on Price Gouging. Business Ethics Quarterly 19 (2):295-303.
Matt Zwolinski (2010). Price Gouging and Market Failure. In Gerald Gaus, Julian Lamont & Christi Favor (eds.), ESSAYS ON PHILOSOPHY, POLITICS & ECONOMIC: INTEGRATION AND COMMON RESEARCH PROJECTS. Stanford University Press.
Added to index2009-01-28
Total downloads148 ( #3,465 of 722,682 )
Recent downloads (6 months)5 ( #17,026 of 722,682 )
How can I increase my downloads?