Monday, June 14, 2010

Conservative Hacks

I posted a revised version of my "quiz" of economic knowledge on EconLog, a far-right blog praising the study.

Tom commented that I got my own questions wrong. Tom has never heard of an optimal tariff, externalities, or adverse selection. That is a pity since the later two are taught in Econ 101 and the first concept in any discussion of trade.

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