- Markets are not machines with fixed equilibria. They keep changing.
- The next time a price changes (books, vegetables or sports equipment), ask:
- Is supply changing?
- Is demand shifting?
- Is the market moving towards equilibrium or away from it?
- Is government intervention helping or hurting?
- Asking these questions is how we decode real markets.
Before We Move On
Last updated at October 5, 2026 by Teachoo