Price gouging drastically reduces shortages because anyone with supply will be tempted to quickly move in to capture the high price on the curve. It also encourages people to actually plan ahead so the entire population isn't trying to buy a full tank of gas the same day.
You think price gouging is unethical, I think price capping is unethical and harmful since it encourages hoarding and shortages.
You think price gouging is unethical, I think price capping is unethical and harmful since it encourages hoarding and shortages.