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4min chapter
E89: Economics as a Science w/ Noah Smith
"Upstream" with Erik Torenberg
The Reality of Economics: Glamour vs. Substance
This chapter explores the tension between the captivating world of macroeconomic theories and the essential, yet often neglected, microeconomic insights. It critiques the public perception of economics as unreliable, particularly in light of the Nobel Prize's favoritism towards macroeconomic scholars over those providing pragmatic solutions.
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