From Bank Runs to Bottled Water: How Markets Fail and Why It Matters

Presented with Berg'n


Our market economy produces trillions of dollars in wealth and provides us with ever more stuff. We are richer than any humans that have come before, and by many measures life has never been better. In other words, the market system generally works. But periodically markets fail, and when they do the results can be catastrophic. In this class we will explore how market failure occurs and why market failure seems to be happening more frequently. 


There are a number of ways markets fail, from externalities to asymmetric information, and the idea of this class is to delve into the market failures happening in real life. From online dating sites to tourists paying too much for a bottle of water, to monopolies in media, we'll explore market failures and how they directly effect us.



Location: Berg'n

899 Bergen St, Brooklyn, NY 11238

Hip, late-night beer hall featuring microbrews & food vendors in a spacious, industrial-chic venue. Classes will be held in the private room. 


Other upcoming Olios


Mar 24

Dharma in a Crumbling Democracy: Ancient Wisdom for Troubling Times

Taught by Vishwa Adluri
7 p.m. at Strand Bookstore

Sign Up - $20

Mar 27

Work is Dead: Questioning the Promise of Basic Income Guarantees

Taught by Manuel Rodeiro
7 p.m. at Strong Rope Brewery

Sign Up - $12

Mar 28

Apr 8

Apr 9

Apr 12

She's Not Your Mother: Ecofeminism and the Gender of Agriculture

Taught by Jamie Warren
7 p.m. at WeWork Williamsburg

Sign Up - $15

Apr 21

Buddhist Realism and Dark Comedy: It's Funny Because It's True

Taught by Christopher Kelley
7 p.m. at Strand Bookstore

Sign Up - $20

Apr 28

Human Rights at the Edge of Darkness: We are the Resistance

Taught by Phelim Kine
7 p.m. at Strand Bookstore

Sign Up - $20


Find out when we launch new classes!