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Intro Econ 2: Markets & Pickles

Planet Money Summer School

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The Indicator From Planet Money Is Your Source for Daily Economic News

When we see a price tag on a product, we think of it in terms of money. But in the case of the food banks, the price wasn't about money. The price was about communicating who wanted what. And it helped to find a balance between the supply of different types of food and the demand for each product. There was a reason the pickles had a negative price. So now we wanted to spend a few minutes going over the lessons that we learned in the episode with our two resident economists - justin wolfer's and betsy stevenson exoted.

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