Who Sets the Prices for Goods?

The common perception is that businesses set prices at a level that always earns them profits. However, as Carl Menger first pointed out in 1871, the process of determining value and setting prices is different than what is commonly believed.

Who Sets the Prices for Goods?

Kia Introduces CarPay and Teams Up with Parkopedia for Effortless In-Vehicle Parking Transactions

WAN-IFRA’s 76th World News Media Congress to take place in Krakow in 2025.

WAN-IFRA’s 76th World News Media Congress to take place in Krakow in 2025.

Gold Prices Rise as the Dollar Slowly Dies

Richard Murphy, The Bank of England, And MMT Confusion

We Can’t Fix International Organizations like the WTO. Abolish Them.

Free Markets Promote Peaceful Cooperation and Racial Harmony

Hived raises $42m to roll out electric delivery fleet across southern England

Ana-Maria Coaching Marks Milestone with New Book Release

The Consequences of California’s New Minimum Wage Law

Memorial Day

Hived raises $42m to roll out electric delivery fleet across southern England

Tesla sees UK sales rebound in June as EV market accelerates

‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

“A turning point for education”: James Caan launches bold education reform plan in House of Lords

Recent News

Hived raises $42m to roll out electric delivery fleet across southern England

Tesla sees UK sales rebound in June as EV market accelerates

‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

“A turning point for education”: James Caan launches bold education reform plan in House of Lords