Economic Forces

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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.comWelcome 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 DiscussedJosh: Those Pesky Transaction CostsBrian: Markets Must Become CompetitiveBrian on why monopolies must competeWe hope you enjoy the conversation and consider becoming a paid subscriber. You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Get full access to Economic Forces at www.economicforces.xyz/subscribe

You’re reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here:Welcome to Episode 10 of the Economic Forces Podcast! We interview Mark Koyama and Jared Rubin about their new book, "How the World Became Rich." We talk about why England grew more than the Dutch, what role institutions and culture play, the modern approaches to economic history, and the need for more price theory in economic history. Buy their book here.You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss.Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe

You’re listening to Economic Forces, a free weekly newsletter and podcast on economics, especially price theory, without the politics. You can support our newsletter by signing up here:Welcome to Episode 8 of the Economic Forces Podcast! We interview Henry Thompson about his paper "Costa Nostra Courts." We discuss how the Mafia used this ingenious court system to protect its secrecy and enforce agreements that could not be written down as contracts.Cosa Nostra Courts: https://static1.squarespace.com/static/6165b74a4cd40d5293c28c99/t/61ac144aee1b8d04e4a89207/1638667339483/Thompson_GMU_JMP.pdfYou can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss.Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe

Welcome to Episode 5 of the Economic Forces Podcast! We interview Casey Mulligan on applying basic economic tools like excess burden (deadweight loss) and Marshall’s Law to policy work, especially surrounding pandemics, and the importance of understanding the economics of innovation.Check out Casey’s books:You’re Hired!: Untold Successes and Failures of a Populist PresidentChicago Price TheoryThe Redistribution Recession: How Labor Market Distortions Contracted the EconomySide Effects and Complications: The Economic Consequences of Health-Care ReformYou can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss.Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe

Welcome to Episode 3 of the Economic Forces Podcast! We interview David Glasner on his IO and macro influences at UCLA, the work of Ralph Hawtrey, Harold Demsetz, Benjamin Klein, and Earl Thompson, and the role of prediction vs. digging into assumptions within price theory.Check out David’s blog “Uneasy Money” and his new book Studies in the History of Monetary Theory: Controversies and Clarifications.You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss.Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe

Welcome to Episode 1 of the Economic Forces Podcast! In it, Josh and I interview Larry White on his time at UCLA and how that influenced his research in macroeconomics and monetary economics.You can listen to the podcast above, watch the YouTube video below, by clicking the link “listen in podcast app” up and to the right.Update: You can now listen through Apple Podcasts or Spotify.Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe