Economic Forces
@pricetheory.skystack.xyz
Pondering price theory, past and present. A weekly newsletter covering all things economics.
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This is an automated Substack Account of https://pricetheory.substack.com
Discover more/Create at: @skystack.xyz
The invisible hand screws up your regression • Markets, diff-in-diff, and "The Missing Intercept" problem
The invisible hand screws up your regression
Markets, diff-in-diff, and "The Missing Intercept" problem
www.economicforces.xyz
December 18, 2025 at 11:27 PM
The invisible hand screws up your regression • Markets, diff-in-diff, and "The Missing Intercept" problem
Instacart's price discrimination isn't price discrimination • On the meaning of price discrimination
Instacart's price discrimination isn't price discrimination
On the meaning of price discrimination
www.economicforces.xyz
December 16, 2025 at 11:27 PM
Instacart's price discrimination isn't price discrimination • On the meaning of price discrimination
GDP still wins • My latest piece at Vox
GDP still wins
My latest piece at Vox
www.economicforces.xyz
December 15, 2025 at 11:28 PM
GDP still wins • My latest piece at Vox
Price Theory and the Price Level • More than you ever wanted to know about the price level, price indices, price the
Price Theory and the Price Level
More than you ever wanted to know about the price level, price indices, price the
www.economicforces.xyz
December 11, 2025 at 11:29 AM
Price Theory and the Price Level • More than you ever wanted to know about the price level, price indices, price the
The holy grail of capitalism • A new measure may be the holy grail of economic regulation.
The holy grail of capitalism
A new measure may be the holy grail of economic regulation.
www.worksinprogress.news
December 4, 2025 at 5:26 PM
The holy grail of capitalism • A new measure may be the holy grail of economic regulation.
Giving Thanks for Price Theory, 2025 Edition • This year, as all years
Giving Thanks for Price Theory, 2025 Edition
This year, as all years
www.economicforces.xyz
November 27, 2025 at 2:31 PM
Giving Thanks for Price Theory, 2025 Edition • This year, as all years
Why no one likes land taxes • Inefficient taxes constrain government
Why no one likes land taxes
Inefficient taxes constrain government
www.economicforces.xyz
November 20, 2025 at 5:21 PM
Why no one likes land taxes • Inefficient taxes constrain government
I don’t care who sets the price • Economic forces matter more than appearances
I don’t care who sets the price
Economic forces matter more than appearances
www.economicforces.xyz
November 18, 2025 at 10:27 AM
I don’t care who sets the price • Economic forces matter more than appearances
Price Theory and Guilds • A lesson in Thompsonian Price Theory
Price Theory and Guilds
A lesson in Thompsonian Price Theory
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Price Theory and Guilds • A lesson in Thompsonian Price Theory
Contestability matters more than concentration • Antitrust implications of the 2025 Nobel
Contestability matters more than concentration
Antitrust implications of the 2025 Nobel
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Contestability matters more than concentration • Antitrust implications of the 2025 Nobel
On Peter Howitt's Other Work • Yes, his work on growth is great and deserving of a Nobel. But that is not all!
On Peter Howitt's Other Work
Yes, his work on growth is great and deserving of a Nobel. But that is not all!
www.economicforces.xyz
November 18, 2025 at 10:27 AM
On Peter Howitt's Other Work • Yes, his work on growth is great and deserving of a Nobel. But that is not all!
And the 2025 Economics Nobel Goes to... • Joel Mokyr, Philippe Aghion, and Peter Howitt "for having explained innovation-driven economic growth"
And the 2025 Economics Nobel Goes to...
Joel Mokyr, Philippe Aghion, and Peter Howitt "for having explained innovation-driven economic growth"
www.economicforces.xyz
November 18, 2025 at 10:27 AM
And the 2025 Economics Nobel Goes to... • Joel Mokyr, Philippe Aghion, and Peter Howitt "for having explained innovation-driven economic growth"
[Re-Post] What About Bubbles? • Surely, I cannot seriously believe financial markets are efficient, right?
[Re-Post] What About Bubbles?
Surely, I cannot seriously believe financial markets are efficient, right?
www.economicforces.xyz
November 18, 2025 at 10:27 AM
[Re-Post] What About Bubbles? • Surely, I cannot seriously believe financial markets are efficient, right?
Rationing By Racing • Using price theory to explain a land rush
Rationing By Racing
Using price theory to explain a land rush
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Rationing By Racing • Using price theory to explain a land rush
You Can’t Break the Laws of Economics • A defense of basic economics
You Can’t Break the Laws of Economics
A defense of basic economics
www.economicforces.xyz
November 18, 2025 at 10:27 AM
You Can’t Break the Laws of Economics • A defense of basic economics
Can Economics Explain the Rise and Fall of the British Aristocracy? • On the supply of and demand for aristocrats...
Can Economics Explain the Rise and Fall of the British Aristocracy?
On the supply of and demand for aristocrats...
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Can Economics Explain the Rise and Fall of the British Aristocracy? • On the supply of and demand for aristocrats...
Will tariffs cause greedflation? • An upcoming test against supply and demand
Will tariffs cause greedflation?
An upcoming test against supply and demand
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Will tariffs cause greedflation? • An upcoming test against supply and demand
Markets must become competitive • Only through a process do markets become competitive
Markets must become competitive
Only through a process do markets become competitive
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Markets must become competitive • Only through a process do markets become competitive
Carrot or Stick? • Should we use punishments or rewards with externalities?
Carrot or Stick?
Should we use punishments or rewards with externalities?
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Carrot or Stick? • Should we use punishments or rewards with externalities?
6 reasons why tariffs are a terrible way to raise revenue • Some principles of taxation
6 reasons why tariffs are a terrible way to raise revenue
Some principles of taxation
www.economicforces.xyz
November 18, 2025 at 10:27 AM
6 reasons why tariffs are a terrible way to raise revenue • Some principles of taxation
Paper Bitcoin Summer • What is a bitcoin treasury company?
Paper Bitcoin Summer
What is a bitcoin treasury company?
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Paper Bitcoin Summer • What is a bitcoin treasury company?
Curing international trade confusion • Can you translate that into supply and demand?
Curing international trade confusion
Can you translate that into supply and demand?
www.economicforces.xyz
November 18, 2025 at 10:27 AM
Curing international trade confusion • Can you translate that into supply and demand?
What the Heck is Welfare? • A throwback
What the Heck is Welfare?
A throwback
www.economicforces.xyz
November 18, 2025 at 10:27 AM
What the Heck is Welfare? • A throwback