Brian Albrecht and Josh Hendrickson | What is Price Theory?
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You are listening to the Economic Forces Podcast, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up at pricetheory.substack.com
Welcome to Episode 12 of the Economic Forces Podcast! We change things up by having a conversation between us about “what is price theory?” We point to a few central themes: exchange, competition is everywhere, opportunity costs, the value of simple models, and markets clear somehow.
Previous Newsletters Discussed
Josh: Those Pesky Transaction Costs
Brian: Markets Must Become Competitive
Brian on why monopolies must compete
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