Aug 25 • 58M

Brian Albrecht and Josh Hendrickson | What is Price Theory?

Episode 12 of the Economic Forces Podcast

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Brian Albrecht, Josh Hendrickson, and guests ponder price theory, past and present
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You are listening to the Economic Forces Podcast, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here:


Welcome to Episode 12 of the Economic Forces Podcast! We change things up by having a conversation between us about “what is price theory?” We point to a few central themes: exchange, competition is everywhere, opportunity costs, the value of simple models, and how markets must clear somehow.

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Below you’ll find a teaser clip and the full interview. Enjoy!