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Ep. 231: Ryan Bourne - Is There A War On Prices?
Manage episode 424862086 series 3581197
Institute for Liberal Studies에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Institute for Liberal Studies 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Alex speaks with Ryan Bourne as he explores the misconceptions around inflation and the dangers of price controls, emphasizing how prices act as signals to coordinate economic activity and promote growth. Ryan explains the adverse effects of government intervention in setting prices, such as shortages, quality declines, black markets, and inefficient resource allocation.
Episode Notes:
- Ryan’s book that serves as the basis for most of the discussion:
https://a.co/d/6B4n1Uf
- Summary of Friedman, Monetarist School and the K-percent rule https://www.investopedia.com/terms/m/monetarism.asp#:~:text=In%20his%20book%2C%20%22A%20Monetary,a%20fixed%20percentage%20per%20year.
- Explanation of greedflation: https://cssh.northeastern.edu/what-is-greedflation-and-is-it-driving-higher-prices/
- Kahneman and Thaler's research: https://www.jstor.org/stable/1806070
- Clemens on minimum wage
https://econweb.ucsd.edu/~j1clemens/pdfs/ClemensMinWageCatoPolicyAnalysis867.pdf
258 에피소드
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