The Price of Everything: A Parable of Possibility and Prosperityby Russell Roberts
Pub. Date: 08/24/2009
Publisher: Princeton University Press
Stanford University student and Cuban American tennis prodigy Ramon Fernandez is outraged when a nearby mega-store hikes its prices the night of an earthquake. He crosses paths with provost and economics professor Ruth Lieber when he plans a campus protest against the price-gouging retailer--which is also a major donor to the university. Ruth begins a dialogue with… See more details below
Stanford University student and Cuban American tennis prodigy Ramon Fernandez is outraged when a nearby mega-store hikes its prices the night of an earthquake. He crosses paths with provost and economics professor Ruth Lieber when he plans a campus protest against the price-gouging retailer--which is also a major donor to the university. Ruth begins a dialogue with Ramon about prices, prosperity, and innovation and their role in our daily lives. Is Ruth trying to limit the damage from Ramon's protest? Or does she have something altogether different in mind?
As Ramon is thrust into the national spotlight by events beyond the Stanford campus, he learns there's more to price hikes than meets the eye, and he is forced to reconsider everything he thought he knew. What is the source of America's high standard of living? What drives entrepreneurs and innovation? What upholds the hidden order that allows us to choose our careers and pursue our passions with so little conflict? How does economic order emerge without anyone being in charge? Ruth gives Ramon and the reader a new appreciation for how our economy works and the wondrous role that the price of everything plays in everyday life.
The Price of Everything is a captivating story about economic growth and the unseen forces that create and sustain economic harmony all around us.
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Table of Contents
Author's Note xi
Chapter 1: Thinking Outside the Box 1
Chapter 2: Out of Control 7
Chapter 3: Birds of a Feather 17
Chapter 4: Inconceivable 29
Chapter 5: Leaning on the Gardener 52
Chapter 6: Mea Culpa 64
Chapter 7: The Goose That Lays the Golden Eggs 77
Chapter 8: A Night in the Cemetery 104
Chapter 9: The Price of Everything 115
Chapter 10: No Host No Problem 129
Chapter 11: The Weaver of Dreams 150
Chapter 12: A Wild and Precious Life 166
Chapter 13: How's It Going to End? 174
Sources and Further Reading 191
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Anyone who reads any of Russell Robert's book -- writings -- will be astonished on his literary writing skills on the topic of economics. He has got to be the best business writer I have ever encountered, and I read the Wall Street Journal, Forbes, The Economist and many other business publications daily. Read Russell Roberts--you will not regret it!
Highly entertaining book, very good writing, research, presenting. Good book.
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High class writing, very well qualified writer -- does an excellent job.
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