Economics
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Economist Langford Lovell Frederick Rice Price on Market Instability and Cartels
- An interview with the late economist Langford Lovell Frederick Rice Price discusses his theories on market equilibrium and bilateral monopoly. - Price criticizes the Opec cartel for its internal instability, comparing it to a monopoly vulnerable to external factors. - The article contrasts theoretical economic models with the unpredictable nature of real-world markets and historical economic eve…
Asian Tigers: The Board Game
- The board game "Asian Tigers" is described as a strategic game focused on economic themes. - It is presented with a minimalist aesthetic, contrasting "graphic asceticism" with "economic ecstasy." - …