It's entirely true that Econ 101 is not the end of the subject. That there's an awful lot of caveats that we would want to apply to the rather simplistic conclusions of the average introductory ...

If you are a Wall Street master of the universe or a billionaire hedge fund manager, you face the same challenge as the aristocrats and industrialists of the past: How do you justify the vast economic ...

James Kwak is the latest to take up the point that Economics 101 isn't all that good as a basis for designing public policy. To which the answer is, well, yes, of course. Why is anyone in the least ...

In the Middle Ages, people looked to the Church for certainty. In today’s complex, market-based economies, they look to the field of economics, at least for answers to questions concerning the economy ...

Michael Lind’s “Econ 101 is Killing America” article has prompted a lot of very divergent responses from people who I respect. My view is that the piece has a lot of problems, and that I fundamentally ...

James Kwak is a brilliant young law professor, economics blogger and successful entrepreneur. His new book is a slim little volume that calmly and clearly blows up the major premise of most ...

In his otherwise excellent column “Wealth Is Knowledge” (Inside View, Feb. 7), Andy Kessler makes a common Econ 101 mistake. He says, “You were taught about supply and demand curves and that when ...