Economics of Hurricane Sandy

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Liberty Panacea

Liberty Panacea

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On tonight's episode of Liberty Panacea Matt and Jamie discuss the economic effects of Hurricane Sandy.  Many public officials have been calling for fines on supposed "price gougers". We will explain why not allowing people to raise prices when demand increases and supply decreases creates shortages and actually hurts the people those prices ceilngs are designed to help. Matt and Jamie will also discuss other news and take your calls.  Make sure to email us with your feedback at Libertypanacea@gmail.com.

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