Price Gouging Could Actually Fix Our Face Mask Shortage

If we don’t let prices for essential goods rise, we can’t incentivize making more of them

Russ Roberts
Marker
Published in
8 min readMay 4, 2020

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Photo: Visuals/Unsplash

The fear produced by Covid-19 has created unexpected shortages in our lives, from toilet paper at home to masks for health care workers.

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Russ Roberts
Marker

I host the weekly podcast, EconTalk and I'm the co-creator of the Keynes-Hayek rap videos. My latest book is How Adam Smith Can Change Your Life.