Multiple Equilibria Magic
33:30–34:06 · 36s
Wolfers explains virtuous versus vicious inflation cycles, with playful banter about being a jerk and losing money if you raise prices alone.


33:30–34:06 · 36s
Wolfers explains virtuous versus vicious inflation cycles, with playful banter about being a jerk and losing money if you raise prices alone.
We use cookies to understand how you use our platform and to improve your experience. Click "Accept All" to consent, or "Decline non-essential" to opt out of non-essential cookies. Read our Privacy Policy.