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How Much Information Do Markets Require?
Acemoglu suggested technology makes Hayek's knowledge problem outdated. Forget supercomputers and AI. Markets use little information for any…
May 25
•
Brian Albrecht
21
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How Much Information Do Markets Require?
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Things Hidden Since Digital Assets Entered Financial Markets
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. Economic Forces arrives weekly in…
May 18
•
Josh Hendrickson
12
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Things Hidden Since Digital Assets Entered Financial Markets
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Does Density Increase Housing Prices?
Even if it does, allow more housing!
May 11
•
Brian Albrecht
33
15
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Does Density Increase Housing Prices?
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Are Banks Inherently Fragile?
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. Economic Forces arrives weekly in…
May 4
•
Josh Hendrickson
23
3
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Are Banks Inherently Fragile?
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April 2023
Constrained Policy Recommendations
The role of economics in policy discussions
Apr 27
•
Brian Albrecht
13
2
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Constrained Policy Recommendations
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Why Do Professors Have Tenure?
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. Economic Forces arrives weekly in…
Apr 20
•
Josh Hendrickson
15
9
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Why Do Professors Have Tenure?
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Does Price Discrimination Convey or Distort Information?
Answering that helps us identify when price discrimination increases or decreases the gains from trade
Apr 13
•
Brian Albrecht
17
10
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Does Price Discrimination Convey or Distort Information?
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Another Twitter Misstep
Blocking Substack links undermines its platform dominance
Apr 8
•
Brian Albrecht
24
5
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Another Twitter Misstep
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That Measure is Garbage
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. Economic Forces arrives weekly in…
Apr 6
•
Josh Hendrickson
15
2
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That Measure is Garbage
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March 2023
An Equilibrium Perspective on AI
People always respond. Take that seriously.
Mar 30
•
Brian Albrecht
18
5
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An Equilibrium Perspective on AI
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How Can We Align the Interests of Bank Shareholders with Depositors?
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. Economic Forces arrives weekly in…
Mar 23
•
Josh Hendrickson
22
3
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How Can We Align the Interests of Bank Shareholders with Depositors?
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Econ 101 Ignores 50 Years of Economic Science
Insights from Harold Demsetz
Mar 16
•
Brian Albrecht
43
19
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Econ 101 Ignores 50 Years of Economic Science
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