For a whole generation, Harvard professor Gregory Mankiw defined the conventional wisdom in economics. He taught the university’s introductory course for 14 years. I read his best-selling textbooks to ...
This interview is part of our “Econ Extra Credit” project, where we read an introductory economics textbook provided by the nonprofit Core-Econ together with our listeners. A traditional introductory ...
In his latest book, Economism: Bad Economics and the Rise of Inequality, former technology executive and current University of Connecticut business law professor James Kwak argues that the lessons of ...
“I don’t care who writes a nation’s laws — or crafts its advanced treatises — if I can write its economics textbooks.” — Paul A. Samuelson What is the socially optimal amount of pollution in the ...
James Kwak is the latest to take up the point that Economics 101 isn't all that good as a basis for designing public policy. To which the answer is, well, yes, of course. Why is anyone in the least ...