Pondering price theory, past and present. A weekly newsletter covering all things economics.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
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| Issues | 320 | Founded | 6 years ago | Last Issue | 12 days ago |
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economicforces.xyzLatest Issues
Never Reason from an Accounting Identity, Redux
Re-post of a core Economic Forces idea that is worth repeating
If you ever come across an economic argument that seems to make sense but goes completely against conventional economic wisdom, it’s probably “reasoning from an accounti...
Externalities, Pigouvian Taxation, and Optimal Policy
Here at Economic Forces, we love writing about externalities. They are fun to write about. On some level, they seem really easy to understand. Introductory textbooks certainly make them seem easy. Yet, this simplicity is illusory. Externali...
A compute tax is a REALLY dumb idea
People are freaking out about AI. That’s never a good starting point for sensible policy. So we get weird ideas.
One idea is to tax computer processing capabilities, sometimes called a “compute tax.” Andrew Yang is pushing it, so you know...
Parking, Fireworks, and Making Sense of Prices
This week, I’d like to discuss two very different topics: state firework policies and university parking. Although the topics themselves seem to have nothing to do with one another, I think that the price theoretic aspects of these topics h...
A simple approach to dynamic mergers
Two rocket companies combined to form a de facto monopoly. It was probably a good idea 🤷♂️
So, a little context. In 2006, Boeing and Lockheed Martin combined their launch divisions in a joint venture into United Launch Alliance. That’s w...
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Authors
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Josh is Professor and Chair of the Department of Economics at the University of Mississippi
Using price theory to understand the world
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