The Price of Everything: A Parable of Possibility and Prosperity December 1, 2008

Host: Cato Institute. George Will writes in Newsweek, “If you read Russell Roberts’s The Price of Everything: A Parable of Possibility and Prosperity, you will see the world afresh-unless you already understand Friedrich Hayek’s idea of spontaneous order. Roberts sets his story in the Bay Area, where some Stanford students are indignant because a Big Box store doubled its prices after an earthquake. A student leader plans to protest Stanford’s acceptance of a large gift from Big Box. The student’s economics professor, Ruth, rather than attempting to dissuade him, begins leading him and his classmates to an understanding of prices, markets and the marvel of social cooperation.” Roberts will discuss his novel way of teaching economics at a Cato Book Forum.

Official Website: http://www.cato.org/event.php?eventid=5539