Create a Black Market the Easy Way!

On this episode of Common Sense Soapbox, Bob, Sarah, and Seamus are still stuck on the island. Desperate for food, Bob sneaks out at night to fish and comes back to sell them for a whopping 30 shells a piece. Seamus and Sarah reluctantly agree, but the increasingly-hysterical Ron accuses Bob of price gouging.

CREDITS: Written by Seamus Coughlin, Sean W. Malone, and Tyler Brandt Research by Matt Hampton Animated by Seamus Coughlin Produced & Edited by Sean W. Malone

LINKS:

https://fee.org/articles/on-price-gouging/ https://fee.org/articles/price-gouging-during-disasters-is-actually-a-good-thing/ https://fee.org/articles/if-you-hate-empty-store-shelves-you-should-love-price-gouging/ https://cw.ua.edu/40983/opinion/price-gouging-during-disasters-is-a-good-thing/ https://www.wsj.com/articles/price-gouging-after-a-disaster-is-good-for-the-public-1507071457 https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp#:~:text=Key%20Takeaways-,Inflation https://www.investopedia.com/terms/i/inflation.asp https://www.stlouisfed.org/education/feducation-video-series/episode-1-money-and-inflation#:~:text=Inflation https://www.investopedia.com/ask/answers/042015/how-does-money-supply-affect-inflation.asp https://www.econlib.org/library/Enc/MoneySupply.html https://www.investopedia.com/articles/economics/12/mechanics-black-market.asp https://www.econlib.org/black-markets-raise-their-ugly-head/ https://www.econlib.org/archives/2017/07/milton_friedman_20.html https://wiki.mises.org/wiki/Black_market https://fee.org/articles/black-markets-reveal-the-power-of-economic-laws/ ... https://www.youtube.com/watch?v=SXLoQ_Sfh2c