Fresh Economic Thinking

Fresh Economic Thinking

Do economists know opportunity cost when they see it?

No. They seem to be unable to answer a first year textbook question more accurately than chance.

Cameron Murray's avatar
Cameron Murray
Nov 06, 2022
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Welcome to new subscribers. If you like this, please check out some of my other posts, such as:

  1. Capital vs division of labour: Did Adam Smith learn the wrong lesson from his pin factory tours?

  2. Evil rent control revisited: some economists twist themselves in knots to argue that good outcomes are actually evil

  3. FET podcast episode #5: Why we need a public hou…

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