…which I disagree is the one that ends “basic economics.” In that sentence and the title, it is assumed that it is only basic economics if almost all economists agree….

…economics 101 that if you want more of something you offer a higher price. I have never really understood why most economics instructors spend much of an economics course teaching…

…the same time the data started making sense, so I said yes. I gave them a presentation on the similarities and differences between Economics and Finance. How Economics is the…

…or both places. (But) a couple of seeming certainties that emerged from academic economics and finance in the 1960s and 1970s have been showed by experience to be mighty uncertain….

…us back to Libertarianism and Classical Liberal Economics. To the extent you can distinguish between the two the practitioners tend to insist that they are just engaging in rational scientific…

…in financial economics over the past half century “junk science”. After all, the lessons from modern financial economics do not quite square with supporting Bush’s proposal to kill Social Security….

…distance their recent policy of gradual tightening from the dollar. It seems that most market players sufficiently discount what Bush says about economics that his remarks had no major effect…

…Economics and Management at MIT’s prestigious Sloan School of Management. Dean Schmalensee was member of the Council of Economic Advisors in the first George Bush administration and is the author…

Economics and Replicability The key element of any true empirical result is replicability. If a result is not reproducible, then the purported effect was almost surely the result of either…

…“quite poor” Intellectual standards are low in medical research, the flawed papers accepted by medical journals would have been immediately rejected at economics journals Government has acted on this bad…