2 Pages Posted: 24 Nov 2009
We summarise Bryan Caplan's defence of economists from The Myth of the Rational Voter, in which he argues that economists undersell the benefits of markets. We also elaborate on his conclusions and discuss applications to specific topics, such as the minimum wage, as well as how Caplan's results might affect the way economics courses are taught.
Suggested Citation: Suggested Citation
Carden, Art and Hammock, Mike, Are Economists ‘Market Fundamentalists’?. Economic Affairs, Vol. 29, Issue 4, pp. 92-93, December 2009. Available at SSRN: https://ssrn.com/abstract=1512887 or http://dx.doi.org/10.1111/j.1468-0270.2009.01957.x
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