Must-Read: Very flattering…
I must say: I don’t know how one would teach Econ 1 other than organizing it around the principles of (a) market success and (b) types of market failure…
: On Twitter:
@Noahpinion I took @delong 's econ101: we skipped elasticity completely, and spend our time on where markets fail. Best intro ever.
— Paul F Taylor (@Paulie_FT) April 21, 2016