Bullshit in absolutes: or how ‘liberal’* economists argue with themselves

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We can perhaps amend an old Ethiopian saying to read “absolutes are for infants and kings”.  It is catechism worth remembering when arguing with liberal economists.  For theirs is not a just sport.    In fact, one should never mix … Continue reading

The Rebel Letter to Mankiw and some thoughts on education in economics

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Yesterday I noted that 10 percent of Mankiw’s students walked out of his class to protest what they, rightly believed, to be a heavily biased introduction to economics.  I think the students are right.  Introductory courses are meant to introduce … Continue reading