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Price Theory Palooza

Kurtis Hingl

Celebrating price theory and the economic way of thinking

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Substack
PricingOnly free issuesPublishesWeekly
Issues16Founded8 months agoLast Issue5 months ago
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Latest Issues

PTP #16

True / False / Uncertain:
An overnight hail storm seriously dented the cars on display at the new-car dealership. Customers were aware of the natural destruction. Therefore, fewer people shopped at the dealership until such time that it...

5 months ago
2

PTP #15

Some people stand on escalators; some people walk. Some people do a little standing and a little walking—and of those latter people it is almost always in that order: stand first, walk toward the end. Why is that? Why do people walk in the...

6 months ago
1
2

PTP #14

An Englishman holidaying on a small Mediterranean island paid all his expenses with checks on his English bank. The inhabitants were so impressed by his gentlemanly bearing that instead of cashing his checks, they used them thereafter as mo...

6 months ago
2

PTP #13

Why are star athletes on rookie contracts often paid well below their market value, even though professional sports leagues all have strong players’ unions? Why do these contracts persist?


Source: Armen A. Alchian and William R. All...

7 months ago

PTP #12

Here is a fun original puzzle in lieu of a miss last week; the regularly scheduled program will resume this Friday. Please send me your favorite Price Theory Puzzles!

Why do car haulers (semi trucks that carry cars) have a “head rack,”...

7 months ago

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  • Kurtis Hingl

    Incoming WVU. GMU Econ PhD.

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