
Pondering price theory, past and present. A weekly newsletter covering all things economics.
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This week’s newsletter originally appeared on Truth on the Market, a website full of scholarly commentary on law, economics, and more.
In my previous newsletter, I asked whether Narcan saves lives. The basic price theoretic point is that Narcan reduces the cost of using opioids. Thus, some of the reduction in cost accrues to drug users who will get more enjoyment from incr...
Tyler Cowen has a new book, The Marginal Revolution: Rise and Decline, and the Pending AI Revolution. The book is much more wide-ranging, but at one point, he writes a eulogy for price theory. Maybe not dead exactly, but more like a disting...
Re-post of a core Economic Forces idea that is worth repeating
Other publications recommended by the authors of this newsletter.
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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