Isabella M. Weber (@isabellamweber) 's Twitter Profile
Isabella M. Weber

@isabellamweber

EconProf @UMass | Joan Robinson Prize, Keynes Prize, Meiksins Wood Prize, Rothschild Prize & MatthΓΆfer Prize | Harvard Associate in Research | 2023 TIME100 Next

ID: 2391392488

linkhttps://www.isabellaweber.com calendar_today07-03-2014 16:06:45

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The price question in an eggshell: Jason Furman: When πŸ₯š prices go up, supply goes up. Me: When πŸ₯š prices go up, πŸ“ do not lay more πŸ₯š. It takes time until more πŸ₯š-laying πŸ“ are bred. In the interim, prices overshoot hurting consumers & causing windfall profits. Full story πŸ‘‡πŸ½

The price question in an eggshell:

<a href="/jasonfurman/">Jason Furman</a>: When πŸ₯š prices go up, supply goes up.

Me: When πŸ₯š prices go up, πŸ“ do not lay more πŸ₯š. It takes time until more πŸ₯š-laying πŸ“ are bred. In the interim, prices overshoot hurting consumers &amp; causing windfall profits.

Full story πŸ‘‡πŸ½