EKIP– Expert Club for Economics and Politics A Different Opinion
It is often observed that incompetent economists are better at spreading their errors among the public than competent economists are at spreading the truth. The reason for this is that bad economists actually introduce people to half-truths. They only talk about the short-term effects that a given policy would have on a specific group of people. To solve this problem …
More »"The Broken Window" - the Most Common Economic Fallacy
