My new book, The Price of Everything: A Parable of Possibility and Prosperity is now available for pre-order at Amazon for the lovely low price of $16.47 in hardcover. Scheduled arrival is August 4. Here’s the blurb:
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.
Here are the back cover quotes:
Nassim Nicholas Taleb, author of "The Black Swan: The Impact of the Highly Improbable"
: A remarkable use of parables and dialogues to convey economic
intuitions. This should be mandatory reading for anyone who wants to
understand this branch of applied philosophy we call economics.
Vernon Smith, Nobel Prize-winning economist
: This is a great story about human, social, and economic betterment
brought about by the forces of spontaneous coordination. It’s also
about justice and there’s a warm ending. Read and enjoy.
Paul Romer, Stanford University : The Price of Everything
illuminates the astonishing economic world we live in. This book could
change your life–reading it will give you a sense of wonder about the
everyday marvels that are all around us.
Deirdre N. McCloskey, author of "The Bourgeois Virtues" : The Price of Everything is sensationally good fiction and sensationally good economics.
I hope you like it.