Econlib QuickPicks- Supply and Demand
Welcome to Econlib QuickPicks!
There's an old economics joke, generally attributed to satirist Thomas Carlyle that might have been the inspiration behind this month's QuickPicks. It goes something like this.. It’s easy to train economists. Just teach a parrot to say ‘Supply and Demand’.
We know there's more to it than that. As EconTalk host Russ Roberts says about the role of supply and demand in generating prices, "For me the role of prices in steering information and allocating resources is one of those ideas. It’s a very deep idea." A deep idea that deserves further exploration, and indeed, perhaps a lifetime of study.
We hope you find this month's collection useful. We'd love to get your feedback. Stories, photos, and anecdotes are always welcome. Please let us know at email@example.com.
(By the way, we'd love to know what future QuickPicks topics you'd like to see. Drop us a line with your suggestions today.)