Economics Assignment #2

Running Head : Censoring Pleas for Help Censoring Pleas for Help[Student s or Author s Name][Institution Name]In Dwight lee s essay , Censoring Pleas for Help the Georgia-based semipolitical economy professor notes the strange contradiction between public encounter to censorship and widespread support of set controls . Lee s chief(a) contention with this political dissonance is that it is not only ethically inconsistent , but reflects an oversight of how markets friend communicate economical needs , particularly with regards to the sudden needs which emerge in the wake of natural disastersMuch of the support for wrong controls stems from fear of price gouging which is basically occurs when suppliers attempt to take advantage of sudden think by raising prices to maximize profit during the period of bring .

Lee notes that in his home state , there exists a price gouging right which is designed to prevent such a situation from happening by forbidding suppliers from charging more for their goods than they did the sidereal day before a disaster strikes . Lee notes that [ .] create contractors and kink supplies from several states had poured into Atlanta immediately after it suffered monumental twister damage . Can anyone seriously believe that this help would fuddle poured in from far away if the price gouging law had been short enforced , or that the help was not trim by the enforcement that had occurred (Lee 1999The crux of Lee s argument is that price controls are essent! ially a form of economic censorship which restricts the magnate of...If you inadequacy to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper