This regular column examines topics through the lens of economics, philosophy and history. Join us each month for a live online discussion with the Professor!
Introduction to Thinking About Economics
I would like to say at the outset that I am an economist only in the sense that I am interested in how markets work and aim to pay my bills on time. I do not have formal economics training...
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Prices and Profits
Often discussions of the role that prices and profits play in a market economy are framed in terms of how they serve the interests of those who are selling the goods at a particular price and making a profit off of those sales. The assumption frequently seems to be that prices are set by the... Read more