This edition: Supply and Demand: What Sets the Price?
Episode Details
The California drought, the Arab oil embargo, and the designer jeans craze reveal the forces of supply and demand.
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About this series
Explore economic history, theory, and practice through case studies and interviews with Nobel-prize winning and major economists. Covering macro, micro, and international economics, the series features Milton Friedman, Paul Samuelson, John Kenneth Galbraith, Alice Rivlin, and Ben Bernanke, among others. Major economic events, including the 2008 banking crisis and technology's influence on the economy, connect economic theory to the headlines.
