Gouging is a practice of charging unjustly high prices and an excuse to rip somebody off, but in economists perspectives, it is needed and desirable economic activity. For example, Here is the good example of the great gouging, Ice storm incident in Quebec in 1998. This incident was very severe that lots of people lived in the houses without electricity, and during the chaos, the gougers suddenly raised the price of electricity during that time. Unfortunately, the people had to pay way too much money. Hurricane in Katrina is another example. When the hurricane hit Katrina, people needed shelter, food, water and protection. However, the gouger were working on their real estate so the people had difficulties going back to normal life. Also, John, a price gouger, bought the generator and sold eight times higher when there was a severe hurricane in Katrina. He was desperate for money for his family and the people needed the generator. An economist named Mike Munger thinks the gougers don’t really care about others’ warfare, and business men are motivated by greed and that they are working in the best for  their own profit or interests. The effect of gouging is that it distributes scarcity goods to those people who value the most. Thus, self-interest from the gouger has led to more agreeable outcome, and this is how invisible hand works. Law says the idea is emotional; economists see price gouging as a part of free market which will lead to a positive outcome.