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Is It Time for a New Economics Curriculum?

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  • Oct 8, 2021
Nick Romeo
@Nickromeoauthor
(Author)
www.newyorker.com
Read on www.newyorker.com
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In the nineteen-forties, when the Massachusetts Institute of Technology was considering adopting a new economics textbook, the school’s president received warnings about the book’s... Show More

In the nineteen-forties, when the Massachusetts Institute of Technology was considering adopting a new economics textbook, the school’s president received warnings about the book’s author: “It is perfectly obvious that the young man is socially-minded if not strictly communistic,” one correspondent wrote. The young man in question was the American economist Paul Samuelson, a future Nobel laureate. Samuelson’s textbook “Economics,” published in 1948, would dominate the market for nearly half a century; it introduced a Keynesian vision—in which government would take a more active role in managing the economy and promoting full employment—to generations of students and sold millions of copies.

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John Van Reenen @JohnVanReenen · Dec 31, 2021
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Congratulations to @WendyCarlinEcon and the CORE team for changing economics teaching. Here's a good piece in @NewYorker @Nickromeoauthor
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