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Economic Forces

Brian Albrecht, Josh Hendrickson
Hundreds of paid subscribers

Pondering price theory, past and present. A weekly newsletter covering all things economics.

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Issues339Founded6 years agoLast Issue3 days ago
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Latest Issues

Price discrimination is competition

Imagine you have a business that earns zero economic profit. It exactly covers its costs, including the return needed to attract investors and all that, but nothing more. Is this the end state of competition? Is there anything left for comp...

3 days ago
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2

Robert Hall, Optimal Money, and the Nobel Prize

It is customary for Brian to write a post every year explaining the work of the Nobel Prize winner(s) in economics. Brian does a great job with these and thus I should feel no obligation to weigh in. Nonetheless, I occasionally can’t resist...

17 days ago
36

And the 2026 Economics Nobel Goes to...

Suppose you get a $1,000 payment. How much do you consume? Before answering, we’d want to know a few things: Is this a one-time payment? The first of many? Can you borrow? Do you already have savings?

This year’s Nobel Prize went to Robert...

20 days ago
86

[Re-Post] Prices and Information

The efficient markets hypothesis is often synonymous with the phrase, “prices reflect all available information.” This sounds really smart, right? And it is really easy to explain to people. “Ah, you see, if I have this information and you...

24 days ago
38

Monopsony without a monopsonist

Before I get into this week’s newsletter, I just wanted to encourage everyone to subscribe/follow/whatever the term on TikTok. The newsletter is still alive and well but we are trying to teach economics wherever we can.

If you’re more my g...

a month ago
45

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Authors

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  • Brian Albrecht

    Using price theory to understand the world

  • Josh Hendrickson

    Josh is Professor and Chair of the Department of Economics at the University of Mississippi

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