I don’t really understand Nick Rowe’s suggestion that heterodox critics read a first year textbook, considering economists generally like to respond to criticisms by asserting that economics goes well beyond what is taught early on. A commenter on his post agrees. In any case, let’s take him up on his offer.Here are some examples of how undergraduate economics is taught from two textbooks, this one and this one. The worrying thing is that these textbooks are more reasonable than average, and give the time of day to a lot of substantive criticism (although they do ignore them in the main analysis).Read it at Unlearning Economics
Read A Textbook?
(h/t paul in the comments)