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For students, what a textbook says is ground truth. But for nearly 15 years, leading introductory economics textbooks gave students an outdated or incomplete explanation of how the Federal Reserve ...
The author is an editorial writer at the JoongAng Ilbo. Harvard economist Gregory Mankiw, renowned for his textbook “Principles of Economics” (1997), recently posted on his blog: “Value ...
Recently, the state of Washington embarked on an ambitious new plan to combat climate change. Taking a page from economics textbooks, the state instituted a statewide "cap and trade" system for ...
Economics textbooks talk of maximizing utility through the magic of the price mechanism. Measuring utility “effectively requires that we convert preferences into something arithmetic,” Allen ...
An experiment to encourage more women undergraduates to study economics produced mixed results but succeeded in bringing awareness to the gender disparities in the field, according to a new working ...
New NCERT textbooks don’t carry ‘poverty and colonised’ narratives, says PM’s advisory council member Economics chapters teach ideas using modern examples, and history tries to focus on ...
A new School year begins in March of 2025, and the South Korean government announced that it is scaling back on its plans to implement AI-driven digital textbooks for the classroom. The digital ...