Economic Forces
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And the 2026 Economics Nobel Goes to...
Robert E. Hall and Michael Woodford “for microfoundations of macroeconomic stabilisation”
Oct 12
•
Brian Albrecht
69
15
[Re-Post] Prices and Information
How is it possible that prices reflect all available information, but somehow simultaneously act as a substitute for information?
Oct 8
•
Josh Hendrickson
33
6
Monopsony without a monopsonist
Plus am I starting a dancing channel?
Oct 1
•
Brian Albrecht
44
6
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Econ 101 is wrong about tariffs
Oct 31, 2024
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Brian Albrecht
584
4
106
You are not a horse
May 7
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Brian Albrecht
605
1
111
High tariffs didn't make the U.S. rich in the 19th century. They won't this time.
Apr 7, 2025
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Brian Albrecht
78
13
What Price Theory Is And Is Not
Nov 13, 2025
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Josh Hendrickson
218
3
36
And the 2025 Economics Nobel Goes to...
Oct 13, 2025
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Brian Albrecht
227
5
46
Prices are signals (and politicians keep shooting the messenger)
Mar 6, 2025
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Brian Albrecht
196
22
41
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Price is Opportunity Cost
Price theory teaches you how to understand human behavior even beyond the market
Sep 24
•
Josh Hendrickson
78
4
9
Your time changes the price
Pricing power looks different when the customer’s time is part of the price.
Sep 17
•
Brian Albrecht
46
1
4
Insuring Against Success?
Are Universities Using Prediction Markets to Fund Their Athletic Compensation Schemes?
Sep 10
•
Josh Hendrickson
28
5
When you should sell to the lowest bidder
A classic from Bulow and Roberts
Sep 3
•
Brian Albrecht
41
1
3
Should Central Banks Be Independent?
Independence, accountability, and lessons from the literature
Aug 27
•
Josh Hendrickson
55
2
8
[Re-Post] The Treasury Standard
Thinking about the international monetary system
Aug 20
•
Josh Hendrickson
25
5
Hotelling doesn't say what you think it says
Hotelling can also generate complete differentiation
Aug 13
•
Brian Albrecht
94
4
9
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