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But which school of economics should the politicians follow for their introductory economics class?
by nodata 16y ago
But which school of economics should the politicians follow for their introductory economics class?
- jacoblyles 16y agoI'd settle for "any". If they can understand that increasing the cost of hiring workers leads to more unemployment, then that will be an improvement. Sometimes I think politicians can't even reason through the most basic of incentives.
- wisty 16y agoI think they do understand this. The problem is, they don't care. Their incentive is to convince marginal voters to vote for them, not to make the economy work.
- Symmetry 16y agoDon't worry about schools, just worry about what 90% of economists agree on and it'll be a huge improvement. http://gregmankiw.blogspot.com/2009/02/news-flash-economists-agree.html http://gregmankiw.blogspot.com/2009/02/news-flash-economists...