Fordham Law Professor Zephyr Teachout joined Nick Hanauer, “Pitchfork Economics” podcast host and founder of Civic Ventures, and David Goldstein, senior fellow at Civic Ventures, to discuss the urgent need for federal action on corporate price-gouging as well as the need for stronger antitrust enforcement, decreased market concentration, and more regulations aimed at protecting consumers in times of crisis.
Today, Nick & Goldy discuss the urgent need for federal action on corporate price-gouging with law professor @ZephyrTeachout. She highlights the need for stronger regulations to protect consumers in times of crisis.
Listen at the following link: https://t.co/JBEC45Z2Sm pic.twitter.com/MgmtmL6ebj
— Pitchfork Economics (@PitchforkEcon) October 8, 2024
It’s not impossible to imagine a federal law against price gouging. Our pod guest this week, @ZephyrTeachout, outlined the basic contours of what that legislation could look like on the federal level. pic.twitter.com/UHzmzawWEO
— Pitchfork Economics (@PitchforkEcon) October 12, 2024
The story we’re told about how markets work in Econ 101 is wrong because the theory doesn’t hold up in practice—it’s just not how the real world works. pic.twitter.com/xGafJik9VO
— Pitchfork Economics (@PitchforkEcon) October 12, 2024
Banning corporate price-gouging is a bipartisan policy position. Both red states and blue states recognize price-gouging as illegal. pic.twitter.com/bBjY9iGKW9
— Pitchfork Economics (@PitchforkEcon) October 13, 2024
Allocating vital and necessary goods by a person’s ability to pay is based on a really dangerous understanding of value. pic.twitter.com/PO8iv2jAf9
— Pitchfork Economics (@PitchforkEcon) October 14, 2024
Recorded this before Milton, so just to put a fine point on it: we need a federal law so that no hotel or airline thinks it can price gouging flights or rooms when a hurricane is coming. https://t.co/qQ0NqiZ5hz
— Zephyr Teachout (@ZephyrTeachout) October 12, 2024