Richard B. McKenzie

Richard B. McKenzie is an American economist known for his work in microeconomics and economic theory. He has contributed to understanding how markets function, particularly in relation to pricing and resource allocation. McKenzie emphasizes the importance of individual decisions and incentives in economic outcomes. He has also authored several books and articles, exploring complex economic ideas and making them accessible. His insights have influenced both academic circles and practical business strategies, helping people grasp the implications of economic behavior in everyday life.