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Sunday, February 8, 2009

Fill-In-The-Blank Price Gouging Form

Last fall, Art Carden of the Mises Institute provided a "fill-in-the-blank" price gouging form, which was filled in below for the most recent disaster, the winter storm in Kentucky, using information this news report:

Fearing increases in the prices of basic items as a result of (disaster: MAJOR WINTER STORM), officials in (state or municipality: KENTUCKY) have declared a state of emergency whereby restrictions on "price gouging" are now in effect. According to (politician or law enforcement official: ATTORNEY GENERAL JACK CONWAY), the law is designed to protect innocent consumers from "unconscionable" increases in the prices of food, gasoline, ice, electric generators, and home-repair services.

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