Sword of Damocles
By David Holcberg (National Post, May 9; Houston Chronicle, May 28, 2007)
Selling at prices some people feel is too high violates no one's rights--there is no such thing as a right to cheap gasoline. Moreover, "price gouging" has no objective meaning or definition--it is in the eyes of the beholder. People who complain about "price gouging" merely want a product at a lower price than it's being sold for.
"Price gouging" laws are like the sword of Damocles, hanging over the heads of businessmen, who at any time may be found guilty of the "crime" of selling at market prices that politicians deem too high. Businessmen should not have to live under this constant threat; as owners of the products they sell they have the moral right to set the prices as they see fit.