Discuss the economic-efficiency implications

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Should individuals be allowed to "price gouge" following a disaster like a hurricane? Why or why not? Discuss the economic/efficiency implications as well as the ethical implications of your argument. Explain the Public Choice critiques of Pigovian taxes/subsidies (in this description, explain the meaning of "Politics without Romance"). Do you find these critiques compelling? Get the instant assignment help. If markets are imperfect and government response is also imperfect, what should we do in the cases of pollution, education, and other markets involving externalities?

Reference no: EM133936070

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Discuss the economic-efficiency implications : Discuss the economic/efficiency implications as well as the ethical implications of your argument. Do you find these critiques compelling?

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