Thursday, August 20, 2009

The Price of Everything

I just finished reading a great book for anyone wanting an easy read about basic economic logic. The book is not a text but a fictional narrative about a college student who stands up to a big box retailer who appears to be price gouging following an earthquake. The student is befriended by the provost of the university who is an economist and they have conversations as the student nears graduation and his valedictorian speech to the student body.

The main story in the book goes great with Bill's posted economics lesson on price gouging.

The book contains some great ideas for teaching economics and is a pretty good story that will keep readers interested. I recommend the book for high school economics and college principles courses.

The Price of Everything: A Parable of Possibility and Prosperity
by Russel Roberts
Princeton University Press (July 28, 2008)

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