On Truth in Teaching Macroeconomics

Robert W. Clower

Chapter 5 in Inflation, Institutions and Information, 1996, pp 35-61 from Palgrave Macmillan

Abstract: Abstract It seems paradoxical beyond endurance to rule that a manufacturer of shampoos may not endanger a student’s scalp but a premier education institution is free to stuff his skull with nonsense. (Judge Howlson, reported in Stigler (1975), p. 191)

Keywords: Reservation Price; Aggregate Demand; Aggregate Output; Aggregate Supply; Effective Demand (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-1-349-13521-9_5

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