> Most of the time that I see people invoke "Econ 101" concepts, they are wrong. It's not that they're wrong. Worse, they're thought-stopping. They're mantras

> Most of the time that I see people invoke "Econ 101" concepts, they are wrong. It's not that they're wrong. Worse, they're thought-stopping. They're mantras we all know and we are trained to "accept their wisdom" and stop questioning.