Price gouging is whose problem?
Horrors. The profiteers running this year's World Cup are forcing fans to shell out thousands for a single ticket. But they're not. FIFA, which oversees the once-every-four-years soccer tournament, is slapping astounding prices on the tickets. No one has to buy them. This should be very obvious. That said, some products are priced in ways that understandably bring out villagers with pitchforks. Bread in 18th-century Europe, for example. Rapidly rising prices for the "staff of life" helped foment the French Revolution. The peasants demanded what they deemed a "just price." I ...