What Chalkboard Curves Ignore – OpEd

What Chalkboard Curves Ignore – OpEd

Eurasia Review

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Economists are famous for drawing diagrams, as so often illustrated in their traditional “chalk and talk” classroom presentations. Some of the curves involved even get named after famous users, from the Phillips curve to the Lorenz, Kuznetz and Laffer curves.

The intent of such diagrams is to illustrate some economics...

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