SITC Video Contest: Price Gouging

Congratulations Annelise Kofod! You win first place in the High School Division of the Stossel in the Classroom video contest on price gouging.

The contest topic:

“Natural disasters often bring people together, as they undertake rescue operations and work to rebuild their communities. People outside the affected communities usually offer additional support. But what about those that see a disaster as a way to make money? Create a 1-3-minute video, arguing for or against laws that prohibit price “gouging” during an emergency. How do such laws affect disaster victims? How do they change the incentives of potential suppliers?”

Visit http://stosselintheclassroom.org for future contests, free videos and teaching guides.