Using the following "article" and the textbook explanation in the "chapter 3," as price "price gouging" is clearly a government intervention in the free market (a price-control policy); from a purely economic perspective, discuss the potential pros and cons of the "price gouging" law in Texas.

The Article:

Hill, A. (2017, September 1). "Economists don't think price gouging is a problem. But what about our social values?" Weather Economy. Marketplace. org. https://www.marketplace.org/2017/09/01/why-economists-dont- think-price-gouging-problem/

Instructions for your original post (Mandatory):

• You need to use both the textbook analysis (in chapter 3) and the article (Hill, 2017) to answer the prompt question of the discussion.
• Focus on the "economic" reasoning and do not get dragged into politics or social measures when answering the prompt question of the discussion, unless there is a direct economic perspective involved, and cannot be separated.