4 ms·
... microeconomics works amazingly well! scroll down and look at that graph! https://www.fda.gov/about-fda/center-drug-evaluation-and-research-cder/generic-com
by pas 3y ago
... microeconomics works amazingly well!
scroll down and look at that graph! https://www.fda.gov/about-fda/center-drug-evaluation-and-research-cder/generic-competition-and-drug-prices https://www.fda.gov/about-fda/center-drug-evaluation-and-res...
also go to and read about the studies https://www.noahpinion.blog/i/142905737/the-evidence-is-in-favor-of-market-rate-housing https://www.noahpinion.blog/i/142905737/the-evidence-is-in-f... and you can see the exact numbers from the datasets, these are all spherical cow parameters basically!
- jandrese 3y agoI took both micro and macroeconomics in school. I had a similar thought, microeconomics is dealing with systems simple enough to be reasonably well modeled in mathematical terms. Macroeconomics seemed to be more about giving the rich cover when they screwed over the poor. Micro is a weird math class, Macro is a politics class.