Closer to home and more timely, libertarian pundit Neal Boortz weighed in specifically about Deal's action:
Rafi Mohammed, a pricing strategy consultant and author of "The 1% Windfall: How Successful Companies Use Price to Profit and Grow," addressed the topic in more general terms in a 2013 Harvard Business Review piece titled "The Problem with Price Gouging Laws."
His take: such legislation encourages hoarding and discourages businesses from boosting supplies.
This lengthy 2001 Cato Institute piece titled "The Problems of Price Controls" also explores the topic, in very broad terms.
In 2004, then Florida Gov. Charlie Crist lambasted merchants for raising prices after Hurricane Charley. The USA Today piece about it, titled "After the storm come the vultures," detailed the legal and legislative remedies Crist embraced amid complaints of price gouging.
"These people were victims once already, and now find themselves victimized again," Crist - then a Republican and now an Independent - said then. "It's horrific."
Legislative action following disaster-related price hikes aren't rare.
Former Massachussetts Gov. Deval Patrick "ordered the state's Division of Standards to closely monitor bottled water prices" after a pipeline break temporarily left the Boston area high and dry, Boston Globe columnist Jeff Jacoby wrote in 2010. He decried the measure:
"No sooner does some calamity trigger an urgent need for basic resources than self-righteous voices are raised to denounce the amazingly efficient system that stimulates suppliers to speed those resources to the people who need them. That system is the free market's price mechanism — the fluctuation of prices because of changes in supply and demand."
The title of Jacoby's column: "What's Wrong With Price Gouging?"
Price controls aren't new, either. This piece by Rutgers University economics professor Hugh Rockoff in the Library of Economics and Liberty notes that "The Old Testament prohibited interest on loans to fellow Israelites."
"The study of price controls teaches important lessons about free competitive markets," Rockoff writes. "By examining cases in which controls have prevented the price mechanism from working, we gain a better appreciation of its usual elegance and efficiency. This does not mean that there are no circumstances in which temporary controls may be effective. But a fair reading of economic history shows just how rare those circumstances are."