The problem with this whole falling prices theory is that if you follow it, you'll never buy a computer.
12.
He wrote a respected textbook on price theory and likes to quote Adam Smith, Milton Friedman and Thomas Sowell.
13.
He also has an appointment as the Holbrook Working Professor of Price Theory in the Department of Economics at Stanford.
14.
They met together in frequent intense discussions that helped set a group outlook on economic issues, based on price theory.
15.
For instance, the commonly used supply-and-demand graph has its underpinnings in general price theory & mdash; a highly mathematical discipline.
16.
On a personal level, Bork said in an interview, " Aaron gradually destroyed my dreams of socialism with price theory ."
17.
At the same university he received his doctorate in 1960 for his thesis entitled " The price theory of the oligopoly ".
18.
It will be a long time, however, before price theory offers insights as deep as those routinely available in literary form from the inimitable Jane Jacobs.
19.
In this emphasis on taking price theory seriously _ specifically, on aspects of marginal cost pricing _ Vickrey was almost a " Chicago School " economist.
20.
The author is a talented teacher, and he moves effortlessly from the traffic jams and grocery stores to the efficient-market hypothesis, price theory and backward-bending labor curves.
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