Please make sure there's a Kindle version available.
jp
· 1 year ago
Alan -- Do you like the Kindle? I've been thinking of getting one.
Chris Meisenzahl
· 1 year ago
Just added it to the Amazon queue. ;-)
EcoDude
· 1 year ago
Just curious: Does the publisher send review copies for instructors wishing to adopt the book for a Principles of Microeconmics course?
Jason
· 1 year ago
When is the free version coming out? Or better yet, the one where you pay us to read it?
Bret
· 1 year ago
Cool! I'm looking forward to reading it.
I'm still waiting for the sequel to "The Invisible Heart" though. When's that coming out?
brian
· 1 year ago
Slightly off-topic, but the McCloskey quote brought the question up in my mind: Russ, how do you feel about McCloskey's views on the relevance (or irrelevance) of truth in economics? I'd love to hear an EconTalk with her about it, if she's up for it.
Student
· 1 year ago
Wow...you have some real heavy hitters praising your book...congrats.
David P. Graf
· 1 year ago
I'm embarrassed that I don't even recognize the names of the people praising your book. Of course, I'd recognize Hayek's name, but I don't think he's doing too many book blurbs any more. :-) It's too bad that we don't live a lot longer and so we could delve more into subjects like economics.
Trumpit
· 1 year ago
Wouldn't a better, more ethical system be one based on ability to pay? Why does the price of milk have to be the same for me as for Bill Gates? I don't mean to suggest that the price has to be $1,000 per gallon of milk for Mr. Gates (which is nothing for him) and 1 cent or free for the homeless guy on the street. Off the top of my head, say we have three prices: $0.50 for the "poor", $1.00 for the "middle class" and $2.00 for the "rich" Perhaps the weighted average of all purchases would be close to the market price. As I said, something strikes me as morally wrong about a one price fits all system. Now is your chance to insult me, call me names and tell my why I'm wrong (as usual).
Unit
· 1 year ago
Yeaaaahhhh!
Dave
· 1 year ago
Trumpit, there are all ready ways to price discriminate in the marketplace, charging different prices for virtually the same product. A few examples:
Hardware stores have been known to intentionally put dings in upscale grills. They sell the "damaged" grills for a lower price than the pristine ones.
Airfares are typically lower if they are made in advance for weekend stays because this indicates personal, rather than business travel.
Coupons are a way of price discriminating as well. Those who are wealthy do not spend time scouring the newspapers for 50 cents off coupons, because the opportunity cost of the time is too high. They then pay more for their groceries, and other similar items then the coupon hunters do.
They are literally thousands of examples like these, and the best part is that they all come about through profit incentives.
Your example may be extreme in charging 1 cent for milk to a homeless man because it surely costs more than one cent to produce the milk. Here you are asking for some sort of subjective fairness rather than economic efficiency. I won't go into a detailed response here, but you can search this and other econ blogs for posts that describe how prices contain important information about scarcity to learn more.
LowcountryJoe
· 1 year ago
You didn't pick a title with the word "fault" in it. I'm shocked and quaking with anger. You ask for us to serve up some advice and then don't take it; what kind of racket have you got going here? Where's the love?
Robbie
· 1 year ago
If it's available for the Sony eBook Reader (ebookstore.sony.com). I'll definitely buy a copy.
Milam Command
· 1 year ago
I second Alan above, promise I will purchase it(as well as your other books--I just bought Invisible Heart) if and when it is available in Kindle edition. Thanks!
All Comments
Please make sure there's a Kindle version available.
Alan -- Do you like the Kindle? I've been thinking of getting one.
Just added it to the Amazon queue. ;-)
Just curious: Does the publisher send review copies for instructors wishing to adopt the book for a Principles of Microeconmics course?
When is the free version coming out? Or better yet, the one where you pay us to read it?
Cool! I'm looking forward to reading it.
I'm still waiting for the sequel to "The Invisible Heart" though. When's that coming out?
Slightly off-topic, but the McCloskey quote brought the question up in my mind: Russ, how do you feel about McCloskey's views on the relevance (or irrelevance) of truth in economics? I'd love to hear an EconTalk with her about it, if she's up for it.
Wow...you have some real heavy hitters praising your book...congrats.
I'm embarrassed that I don't even recognize the names of the people praising your book. Of course, I'd recognize Hayek's name, but I don't think he's doing too many book blurbs any more. :-) It's too bad that we don't live a lot longer and so we could delve more into subjects like economics.
Wouldn't a better, more ethical system be one based on ability to pay? Why does the price of milk have to be the same for me as for Bill Gates? I don't mean to suggest that the price has to be $1,000 per gallon of milk for Mr. Gates (which is nothing for him) and 1 cent or free for the homeless guy on the street. Off the top of my head, say we have three prices: $0.50 for the "poor", $1.00 for the "middle class" and $2.00 for the "rich" Perhaps the weighted average of all purchases would be close to the market price. As I said, something strikes me as morally wrong about a one price fits all system. Now is your chance to insult me, call me names and tell my why I'm wrong (as usual).
Yeaaaahhhh!
Trumpit, there are all ready ways to price discriminate in the marketplace, charging different prices for virtually the same product. A few examples:
Hardware stores have been known to intentionally put dings in upscale grills. They sell the "damaged" grills for a lower price than the pristine ones.
Airfares are typically lower if they are made in advance for weekend stays because this indicates personal, rather than business travel.
Coupons are a way of price discriminating as well. Those who are wealthy do not spend time scouring the newspapers for 50 cents off coupons, because the opportunity cost of the time is too high. They then pay more for their groceries, and other similar items then the coupon hunters do.
They are literally thousands of examples like these, and the best part is that they all come about through profit incentives.
Your example may be extreme in charging 1 cent for milk to a homeless man because it surely costs more than one cent to produce the milk. Here you are asking for some sort of subjective fairness rather than economic efficiency. I won't go into a detailed response here, but you can search this and other econ blogs for posts that describe how prices contain important information about scarcity to learn more.
You didn't pick a title with the word "fault" in it. I'm shocked and quaking with anger. You ask for us to serve up some advice and then don't take it; what kind of racket have you got going here? Where's the love?
If it's available for the Sony eBook Reader (ebookstore.sony.com). I'll definitely buy a copy.
I second Alan above, promise I will purchase it(as well as your other books--I just bought Invisible Heart) if and when it is available in Kindle edition. Thanks!