These are terms from economics and terms from real life butting heads. The morality of economics is all over the place, so a moral judgement such as whether a p

These are terms from economics and terms from real life butting heads. The morality of economics is all over the place, so a moral judgement such as whether a price is "fair" or "just" of course will not make sense in economics. That doesn't mean the concept is novel, unusual, or unreasonable, it's just not expressed through the medium of economics. The idea of price gouging is as old as society itself. We have found evidence of price gouging in mesopotamia (Ea Nasir memes being popular examples), so the idea that politicians invented the idea of using control of prices in a cruel or unfair way is silly. Just because we're talking about the economy doesn't mean ideas outside of economics aren't relevant.