After Hurricane Charley devastated Florida, an enterprising contractor charged $23,000 to clear two trees from a victim’s roof. Bags of ice normally $2 went for $10, and $250 generators shot up to $2,000.
Price gouging? Or precisely how goods and services get allocated in a free society?
In his Harvard University course on moral reasoning, Michael Sandel asks students to consider a wide variety of contentious issues, ranging from the financial bailouts to affirmative action.
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