Price Lab

Prices are the language of the market economy. We examine how they are formed.

Our mission

Prices condense costs, benefits, the intensity of demand, and the availability of alternatives into a single number. At the same time, prices are made, not given: the way they come about can be traced and shaped.

The Price Lab studies how key goods and services are priced – housing, food, or the price of money, that is, interest rates – and works to ensure they remain affordable.