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How Should We Think About the Strategic Petroleum Reserve?
Lessons about strategic reserves from price theory
 • 
Josh Hendrickson
Monopolies don't make enough money (from the archives)
Monopolies are inefficient because they don't extract enough of the surplus they generate for society
 • 
Brian Albrecht
2
If Things Are So Great, Why Don't People Think So?
Many pundits say things are great. Consumer sentiment disagrees. What is going on?
 • 
Josh Hendrickson

March 2024

Is Minnesota better off without Uber and Lyft?
Probably not. Competition is intense. Benefits are high.
 • 
Brian Albrecht
9
We Are Measuring Inflation Wrong
This is about price theory, not a conspiracy
 • 
Josh Hendrickson
What happened to markups and dynamism?
A few thoughts from our new FEDS Note
 • 
Brian Albrecht
Trial By Battle
What can price theory reveal to us about this archaic institution?
 • 
Josh Hendrickson

February 2024

Should Wendy's Introduce Surge Pricing?
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. Economic Forces arrives weekly in…
 • 
Brian Albrecht
7
Why is Gold Such a Reliable Measure of Value?
An ounce of gold always seems to buy a good suit
 • 
Josh Hendrickson
Will lab-grown beef raise the price of handbags?
On the theory of joint production
 • 
Brian Albrecht
6
Why Does the State Have a Monopoly on Money?
How can we explain what seems to be the most durable of all state monopolies?
 • 
Josh Hendrickson
Is a 40% tariff a good idea?
What plain economics can tell us
 • 
Brian Albrecht
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