Economic Forces
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Economic Forces
Pondering price theory, past and present
Launched 2 years ago
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When A Dollar Isn't a Dollar
You’re reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here: One thing that banks do is allow you to take physical currency and deposit it into an account you have with…
Josh Hendrickson
May 12
9
Comment
1
Garrett Scott | Airline Pricing, Refunds, and the Role of Price Discrimination
Listen now | Episode 9 of the Economic Forces Podcast
Economic Forces
May 5
6
Comment
Institutions Have Knowledge, Not People
Charlie Plott gave us the Fundamental Equation for an economic explanation. The simplified version is Preferences + Beliefs + Institutions = Outcomes. To explain differences on the right-hand side, you need differences on the left-hand side. Given our understanding of decision…
Brian Albrecht
18 hr ago
9
Comment
It's Knowledge, Stupid
The (sometimes) elusive role of knowledge in most economic models
Brian Albrecht
Apr 28
7
Comment
1
Most popular
How can price theory help us navigate the minimum wage debate?
Brian Albrecht
15
Comment
11
There Is No Such Thing As Supply
Brian Albrecht
12
Comment
4
Economic Lessons from Veep
Brian Albrecht
12
Comment
3
You'll have to pry supply and demand from my cold, dead hands
Brian Albrecht
25
Comment
4
Monopolies don't make enough money
Brian Albrecht
18
Comment
6
Larry White | UCLA Price Theory and Macroeconomics
Economic Forces
5
Comment
See all popular
New
Community
Modern Day Bills of Exchange
Thinking About Settlement on Bitcoin's Lightning Network
Josh Hendrickson
Apr 21
4
Comment
Subsidize the Worker, Not the Job
Easier said than done
Brian Albrecht
Apr 14
7
Comment
2
Henry Thompson | Mafia Courts and Contracting without the Law
Listen now (58 min) | Episode 8 of the Economic Forces Podcast
Economic Forces
Apr 7
2
Comment
Crypto Hacks and Efficient Markets
You’re reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by…
Josh Hendrickson
Mar 31
3
Comment
2
When Supply Curves Slope Down
Learning-by-doing and human capital models turn supply upside down
Brian Albrecht
Mar 24
6
Comment
Why Didn't They Just Give Up on Gold?
If one takes a casual look at the gold standard era, there are some perplexing observations. For example, when countries would go to war, they would…
Josh Hendrickson
Mar 17
7
Comment
Never Preach from a Price Change
What if high prices are good?
Brian Albrecht
Mar 10
10
Comment
3
Claudia Williamson | Institutions, Economic Development, and Policy Humility
Listen now (55 min) | Episode 7 of the Economic Forces Podcast
Economic Forces
Mar 3
1
Comment
2
See all
Most popular
How can price theory help us navigate the minimum wage debate?
Brian Albrecht
15
Comment
11
There Is No Such Thing As Supply
Brian Albrecht
12
Comment
4
Economic Lessons from Veep
Brian Albrecht
12
Comment
3
You'll have to pry supply and demand from my cold, dead hands
Brian Albrecht
25
Comment
4
Monopolies don't make enough money
Brian Albrecht
18
Comment
6
Larry White | UCLA Price Theory and Macroeconomics
Economic Forces
5
Comment
See all popular
Economic Forces
Pondering price theory, past and present
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