The Boston Globe has a very good article in defense of ‘price gouging’.

Update: More on Price Gouging.

Update-9/7/04: I found several other articles on ‘price gouging’.

Update-9/16/04: Even more on price gouging.

Update-3/8/05: The eclectic econoclast has more.

Update: Angry Economist has more.

Update: Mises has more and more.

Update: More here, here, here and here.

Update: More here, here and here.

Update: More here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here and here.

Update: Becker and Posner have more here, here, here and here.