Economic Forces

Are Giffen Goods Real?

Price theoretic logic implies the demand for Giffen goods is downward-sloping

May 14 • Josh Hendrickson

40

5

You are not a horse

AI and the future of labor demand

May 7 • Brian Albrecht

305

1

59

April 2026

Panhandlers and Price Theory

Do panhandlers behave as price theory would predict?

Apr 30 • Josh Hendrickson

41

4

2

Pouring cold water on the waterbed effect

Impossibility in the popular model

Apr 23 • Brian Albrecht

40

5

2

Drugs of Choice

Doubling down on explaining drug use with price theory

Apr 16 • Josh Hendrickson

34

2

7

Price theory. RIP?

On Tyler Cowen's new book and price theory

Apr 9 • Brian Albrecht

91

7

8

Econ 101 ignores 50+ years of economic science

Insights from Harold Demsetz

Apr 2 • Brian Albrecht

102

13

16

March 2026

Does Narcan Save Lives?

What can price theory teach us about the ability to reverse an overdose?

Mar 26 • Josh Hendrickson

34

6

2

Are oil price spikes good for the US?

In aggregate, maybe.

Mar 19 • Brian Albrecht

70

11

9

Are We at War with Grocery Stores Now?

Price theoretic reflections on a growing trend.

Mar 12 • Josh Hendrickson

65

2

Europe's rigid labor markets are an economic death sentence

Why has Europe slowed down relative to the US?

Mar 5 • Brian Albrecht

168

10

23

February 2026

We don't need to just make up fantasy stories

Using economics is underrated

Feb 26 • Brian Albrecht

125

15

25