Skip to main content
Book Forum

The Price of Everything: A Parable of Possibility and Prosperity

Watch the Event
The Price of Everything: A Parable of Possibility and Prosperity
Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
  • Chapters
  • descriptions off, selected
  • captions off, selected

      Join the conversation on X using #CatoEvents. Follow @CatoInstitute on X to get future event updates, live streams, and videos from the Cato Institute.

      Date and Time
      -
      Location
      Auditorium/Wintergarden
      Share This Event
      Featuring
      Featuring the author Russell Roberts, Professor of Economics, George Mason University; with comments by Nick Gillespie, Editor, Rea​son​.tv and Rea​son​.com

      Purchase at Amazon

      George Will writes in Newsweek, “Improbable as it might seem, perhaps the most important fact for a voter or politician to know is: No one can make a pencil. That truth is the essence of a novella that is, remarkably, both didactic and romantic. Even more remarkable, its author is an economist. If you read Russell Roberts’s The Price of Everything: A Parable of Possibility and Prosperity, you will see the world afresh-unless you already understand Friedrich Hayek’s idea of spontaneous order. Roberts sets his story in the Bay Area, where some Stanford students are indignant because a Big Box store doubled its prices after an earthquake. A student leader plans to protest Stanford’s acceptance of a large gift from Big Box. The student’s economics professor, Ruth, rather than attempting to dissuade him, begins leading him and his classmates to an understanding of prices, markets and the marvel of social cooperation.” Roberts will discuss his novel way of teaching economics at a Cato Book Forum, with comments by Nick Gillespie, a literature Ph.D. who is surely the only journalist to have interviewed both Ozzy Osbourne and the 2002 Nobel laureate in economics, Vernon Smith.