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 ...

For many college students, introductory economics is a rite of passage. Some may call it a general education requirement, others may call it a gateway to the corporate world. But there is a common ...

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 ...

MinnPost’s reporting is always free, but it isn’t free to produce. We rely on donations from our readers to fund our independent journalism. I wince whenever I hear someone invoke “Econ 101” to answer ...

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 ...

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 ...

This interview is part of our “Econ Extra Credit” project, where we read an introductory economics textbook provided by the nonprofit Core-Econ together with our listeners. College students receive ...

At the time of my taking, Fall 1988, Econ 101 at the University of Illinois was held in Foellinger Auditorium, 1000+ students in the lecture with a raft of smaller discussion sections staffed by grad ...