Couple of months ago I have started a series of posts on price formation in the free market or how and why the free market does (not) work. Last time I have provided concluding remarks on this topic. But would like to share some additional materials.
One link will be interesting to our Lithuanian readers - it is interview of economist Gitaunas Nausėda to lrytas.tv in which he tries to explain why prices are growing in Lithuania (click here).
The other is a lecture from Crash Course Economics, which explains laws of supply and demand. Look through their other videos to get full Economics 101.
Previously shared related material
I would also like to remind you of other additional materials related to this topic, which were published earlier: