It's entirely true that Econ 101 is not the end of the subject. That there's an awful lot of caveats that we would want to apply to the rather simplistic conclusions of the average introductory ...

About a month ago, a friend shared with me an article entitled “The Curse of Econ 101” by one James Kwak. It was published by The Atlantic in January. Mr. Kwak’s basic gripe is “the misleading ...

Economics 101 is the name many colleges and universities use for their introductory undergraduate economics course. It’s also shorthand for the ideas at the heart of classical economics as they have ...

For a whole generation, Harvard professor Gregory Mankiw defined the conventional wisdom in economics. He taught the university’s introductory course for 14 years. I read his best-selling textbooks to ...

James Kwak is a brilliant young law professor, economics blogger and successful entrepreneur. His new book is a slim little volume that calmly and clearly blows up the major premise of most ...

In his latest book, Economism: Bad Economics and the Rise of Inequality, former technology executive and current University of Connecticut business law professor James Kwak argues that the lessons of ...

At the time of my taking, Fall 1988, Econ 101 at the University of Illinois was held in Foellinger Auditorium, 1000+ students in the lecture with a raft of smaller discussion sections staffed by grad ...

I’ve been teaching economics for 25 years, and yet I’ve routinely missed a perfect opportunity to explain how markets fail to deliver efficient solutions. It isn’t just me. During our first day of ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. You have no doubt heard the well-worn dictum of Karl Von Clausewitz, ...

Editor’s Note: This article previously appeared in a different format as part of The Atlantic’s Notes section, retired in 2021. In January, James Kwak wrote about how basic economic principles can be ...

Is the standard-model Econ 101 course bad? One person who thinks so is University of Connecticut law professor James Kwak. He has written a book and published at least two articles (in The Atlantic ...