Welcome to Econ Talk, part of the Library of Economics and Liberty.

I'm your host Russ Roberts of George Mason University and Stanford University's Hoover

Institution.

Our website is econtalk.org, where you can subscribe, find other episodes, comment on this podcast,

and find links to other information related to today's conversation.

Our email address is mailadicontalk.org.

We'd love to hear from you.

Before introducing today's guest, I thought I'd mention that I have a new book coming out

this summer.

It's called The Price of Everything, a Parable of Possibility and Prosperity.

Like my other books, it's written in the form of a novel to help make the economics more

interesting.

It's the story of Ramon Fernandez, a Cuban-American tennis prodigy at Stanford University, who

gets involved in a campus protest over a price-gouging retailer that's a large donor

to Stanford.

The provost in the story is an economics professor who becomes interested for reasons that aren't

entirely clear at first to the reader in helping Ramon understand economics.

They talk about the roller prices, emergent order, what makes economies grow, what motivates

entrepreneurs, and how technology is driven by incentives.

If you like these podcasts, you might find the price of everything of interest.

My guest today is Don Boudreau, my colleague and chair of the Department of Economics

here at George Mason University.

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