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 ...

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 ...

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 ...

When you hear the word “efficiency,” you might think about the best way to load a dishwasher. Hear a reference to “fairness,” you might think one person washes the pans while the other dries them.

Harvard's Greg Mankiw, author of the most popular college introductory economics textbook, is often regarded as America's econ teacher. He famously refers to his "Principles of Economics" as "my ...

In his otherwise excellent column “Wealth Is Knowledge” (Inside View, Feb. 7), Andy Kessler makes a common Econ 101 mistake. He says, “You were taught about supply and demand curves and that when ...