Do Inflation Expectations Matter?What can price theory provide to the recent debate?
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Not Exactly a Nobel for Price TheoryConnecting natural experiments and price theory
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Peter Ireland | Chicago Monetary Economics and Price TheoryListen now (52 min) | Episode 2 of the Economic Forces Podcast
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Why Do Authors Get Paid Royalties?Why do authors get paid royalties on their books rather than a lump sum payment? The immediate answer that springs to mind for most people is that it i…
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When Duopolies are the Same as MonopoliesHugo Sonnenschein's 3 page pager
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Where Are the Vaccine Subsidies?Here at Economic Forces, we like to write about externalities. One reason that I like to write about externalities is that I think we often miss import…
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A Parrot Can Say Supply and DemandDoes it actually mean anything?
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Larry White | UCLA Price Theory and MacroeconomicsListen now (61 min) | Episode 1 of the Economic Forces Podcast
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Year in Review + Exciting (?) Announcement at EndDid anyone actually read this newsletter?
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Why Might Firms Offer Free Services?Those who have been following along with Economic Forces will know that I have some problems with the way that we teach economics. My complaints are no…
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Empirical Price TheoryIt's about the world, not the model
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Price Theory and CryptocurrencyIn a previous post, I alluded to Ben Klein’s paper on competitive fiat money. (As a quick note, I am going to refer to paper money that is not redeemab…
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