November 12, 2012

If only...

Hey, you people are smart. I'm thinking there must be some way to try to allocate very important goods like disaster preparedness supplies?

Predictably, emergency supplies like flashlights, lanterns, batteries and sump pumps sold out quickly, even when they were replenished. The one sought-after item that surprised him the most? Holiday candles. "If anyone is looking for holiday candles, they are sold out," he says. "People bought every holiday candle we have during the storm."

If the hurricane was a windfall for Lowe's, its customers didn't seem to mind. Rather, most appeared exceedingly grateful when Mr. Rinker, working at a store in Paterson, N.J., pointed them toward a space heater, or a gasoline can, that could lessen the misery of another day without power.

Maybe a lottery or something...I just think there has to be some way.

Economics and Markets Posted by John Kranz at November 12, 2012 5:57 PM

Ok, fine, you may SELL them, but no adjusting prices based upon demand! Got it? @#$)ing gouger.

Posted by: johngalt at November 12, 2012 6:35 PM

Even the NYTimes has to admit customers "appeared exceedingly grateful" to find supplies from those rapacious mercantilists.

Posted by: jk at November 12, 2012 6:40 PM | What do you think? [2]