Hacker News new | past | comments | ask | show | jobs | submit login

Price gouging of food/shelter/energy post-disaster is a fairly common phenomenon, and I don't think it really requires extensive discussion. See e.g. http://knowledgeproblem.com/2010/01/26/price-gouging-in-hait... in the context of Haiti specifically.

WRT vaccines in particular, please read my post as charitably as possible within the surrounding context of the thread -- I can only invest so much time in internet commenting and sometime my grammar isn't perfectly unambiguous. Sorry :-). To help crystallize the point I was making, I edited my parent comment.

In general, as long as we're being pedantic, I suppose that "completely unavailable" -- meaning you can't locally buy a vaccine even for infinite money -- is a rather degenerate form of price inflation. And vaccine stores can be ruined by power outages, which are common during natural disasters.

Edit: Also, my parent comment states "price inflation for bare essentials [immediately following a disaster]", not "systemic inflation" in the sense of a country or region's entire economy. Cash handouts may very well be an effective mechanism for providing long-term redevelopment aid to an area effected by a natural disaster; in fact, that's essentially what happens with insurance payouts when middle class areas of the US are hit by disasters. But redevelopment is quite different from emergency response, which is what this thread is about.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: