Series

Micro Foundations

The tools economists use to study markets: what each model says, how well it holds up against real data, and where it stops working, both for markets and for governments.

The toolThe model, the evidence, the limits

  1. The model

    State the idea in plain words, with one simple graph.

  2. The evidence

    Test it against real markets and the best studies, weighed by how good they are.

  3. The limits

    Show where the model falls short, and where the fixes fall short too.

Readings in this series