OK, so this is Salon so we don’t expect much economic knowledge here. Uber and Lyft had surge pricing when demand rose because of a fight and shooting. Which is exactly when you do want surge pricing of course, because demand has just risen.
But this is simply gorgeous:
The idea of surge pricing is based on economic principles of supply and demand — but even the most devout free market libertarian would probably agree that arbitrary capitalistic rules should not apply to emergency situations in which innocent people are attempting to avoid injury or death.
Isn’t that fun? The idea that the laws of supply and demand are just arbitrary capitalistic rules?