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Comment by nostromo

This is an unfulfilling thing to say perhaps, but price gouging is actually beneficial in producing more supply when it's needed. (So long as we're speaking about a market that is not a monopoly.)

Why else would a cab be out during a hurricane? The world doesn't owe you a cab ride during a hurricane at an everyday price.

Uber points this out in their tweet, and they are correct. So let's not get our pitchforks out just yet...

parent nostromo 14 years ago

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