Those who have been following along with Economic Forces will know that I have some problems with the way that we teach economics. My complaints are not the standard complaints that you get from the mainstream of the profession (surprise!). Those complaints seem to be that principles courses are not complicated enough or that they are too “pro-market” (a good economist might ask, “relative to what?”). My problem is that we give students rules of thumb that are not always useful and sometimes wrong. I think that this is particularly true when we talk about firms and competition.
Why Might Firms Offer Free Services?
Why Might Firms Offer Free Services?
Why Might Firms Offer Free Services?
Those who have been following along with Economic Forces will know that I have some problems with the way that we teach economics. My complaints are not the standard complaints that you get from the mainstream of the profession (surprise!). Those complaints seem to be that principles courses are not complicated enough or that they are too “pro-market” (a good economist might ask, “relative to what?”). My problem is that we give students rules of thumb that are not always useful and sometimes wrong. I think that this is particularly true when we talk about firms and competition.