Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly

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Quiggin, John. 2019. Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly. Princeton University Press.


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An excellent academic (but readable) rebuttal to the propaganda in Economics in One Lesson, the fallacies of Economics 101, some Chicago Economics and some Austrian Economics. Very simply, markets do not take into account ALL opportunity costs.

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