Friday, May 16, 2014

All I Really Needed To Know I Learned In 2 Hours Of Econ 101

My big question for the "free market fundamentalist" economists is... why did you bother getting a Ph. D? If your message is that everything we need to know can be learned in a the first week of Econ 101 - and that is their message - then why bother with the rest of it?

Economists aren't all stupid, but for various reasons the public face of economics has been this stupid for years.