Tuesday, January 30, 2018

Anthony de Jasay, Economics Textbooks, Teaching to Despise: Library of Economics and Liberty

"Back to the textbooks, then, that seem destined to remain tendentious as long as teachers feel wronged by the existing order of things. I have argued here before that people in the Northern half of Europe have an innate understanding of the most basic economic verities, including how wealth is created and what the state can and cannot do, while in the Southern, Latin and Catholic half there is a gut feeling against enterprise and profit and a thick fog of confusion about how an economy works. Most present-day teaching upsets the natural understanding and makes the confusion worse."

Solow Model from Wolfram

Indicators

Test