Re:A plan to change how Harvard teaches economics
by 333c on Thursday June 13, 2019 @02:56AM
(#20172399)
Good comparison. This is how I felt when I took ECON 101. Though I was fascinated with the concepts, they felt so far from reality as to be effectively useless.
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Re:A plan to change how Harvard teaches economics
by notfromhere on Thursday June 13, 2019 @11:02AM
(#20175534)
That's what ECON 101 is, you need to get deeper into the curriculum. It's like complaining intro to algebra didn't teach you differential equations
Re:A plan to change how Harvard teaches economics
by 333c on Thursday June 13, 2019 @01:38PM
(#20177030)
The problem was that this stance was used to justify claims like "the free market allocates resources in the most efficient way" and "all taxes incur a deadweight loss" which are big statements to make based on such basic coursework. If the class is going to make claims like these, it needs to start with realistic assumptions.
Re:A plan to change how Harvard teaches economics
by WalterBright on Thursday June 13, 2019 @03:40AM
(#20172561)
My economics professor stated in lecture that he believed in the free enterprise system and the equal distribution of all income.
I avoided taking any more econ classes. Dismal science, indeed.