Economic Forces
Josh Hendrickson, Brian AlbrechtPondering price theory, past and present. A weekly newsletter covering all things economics.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 288 | Subscribers | Read | economicforces.xyz |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
What Price Theory Is And Is Not
Last week, Brian wrote about the distinction between setting prices and controlling prices. This is a subtle, but important point. Nonetheless, the subtlety seems to have gone over the head of some critics. Of the pushback that I saw, peopl...
I don’t care who sets the price
There’s a folk wisdom out there that “setting the price”, meaning putting the sticker below the item or announcing what the price is for the good, means you have “control” over the price. Sellers post prices on shelves, so sellers must have...
Price Theory and Guilds
People who know me and people who have read Economic Forces for an extended period of time are by now aware of my affinity for Earl Thompson. In my opinion, Earl was a great and under-appreciated price theorist. Earl was known for his uncon...
Contestability matters more than concentration
We will be done with Nobel pieces soon, but one more!
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Authors
The writers behind this newsletter.
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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