The Price of Everything : : A Parable of Possibility and Prosperity / / Russell Roberts.

• VerfasserIn: Roberts, Russell,
• Place / Publishing House: Princeton, NJ : : Princeton University Press, , [2008]; ©2008
• Year of Publication: 2008
• Language: English
• Physical Description: 1 online resource

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.

Table of Contents

Frontmatter -- Contents -- Author's Note -- 1. Thinking Outside the Box -- 2. Out of Control -- 3. Birds of a Feather -- 4. Inconceivable -- 5. Leaning on the Gardener -- 6. Mea Culpa -- 7. The Goose That Lays the Golden Eggs -- 8. A Night in the Cemetery -- 9. The Price of Everything -- 10. No Host No Problem -- 11. The Weaver of Dreams -- 12. A Wild and Precious Life -- 13. How's It Going to End? -- Sources and Further Reading -- Acknowledgments