Agreed, and the intention here isn't to block any particular policy outcome, it's to ask that you narrowly scope your tools to what can work, instead of being the 20th failed attempt at price controls or tariffs. (And Econ 101 will teach you when tariffs can make sense, too)
I was an econ major, and a lot of the lower level courses were required for business majors.
It was genuinely shocking how many people from the latter group just could not understand the absolute basics of supply curves and demand curves.
The upside is that I was able to help them understand it by offering tutoring, where I was in limited supply, and there was endless demand for my services!
energy123|1 month ago
mekdoonggi|1 month ago
dghlsakjg|1 month ago
It was genuinely shocking how many people from the latter group just could not understand the absolute basics of supply curves and demand curves.
The upside is that I was able to help them understand it by offering tutoring, where I was in limited supply, and there was endless demand for my services!
Insanity|1 month ago
However, they rarely read books and indeed most don’t read at a university level.
Rarely reading books is also not tied strictly to the US.
like_any_other|1 month ago
SantalBlush|1 month ago