The Human Action Podcast

Do Sticky Prices Make the Market Get Stuck?

Human Action Podcast
Robert P. Murphy Jonathan Newman

Jonathan Newman joins The Human Action Podcast to discuss his recent Twitter controversy over the claim that market prices can be “wrong” (i.e. in disequilibrium) if they are “sticky.”

Jonathan Newman’s Twitter controversy on sticky prices: Joe Salerno on Mises’s Monetary Theory: Bagus and Howden on market disequilibrium and sticky prices: