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Economic myths and assumptions these three economists suggest may be distorting public understanding of the real economy

Economic myths and assumptions these three economists suggest may be distorting public understanding of the real economy

Based on your reading of the following three assigned readings:

Phony Capitalism -J.Stiglitz; Coursepack pg. 21-23.

Finance for the Anthropocene- J. Fullerton; Coursepack pg. 33- 42.

Thomas Piketty is Right – R. Solow): Coursepack pg. 25-32.

– Answer the following question as best you can:

Assignment Question

Identify and describe the key economic myths and assumptions these three economists suggest may be distorting public understanding of the real economy. ( Cite and explain at least one economic myth per each of these three economists.)

(Double spaced, 12 pt. 2 pages max.)

https://harpers.org/archive/2014/09/phony-capitali… Phony Capitalism -J.Stiglitz

http://piketty.pse.ens.fr/files/capital21c/en/medi… Thomas Piketty is Right – R. Solow

https://www.greattransition.org/publication/limits… Finance for the Anthropocene- J. Fullerton

 

Answer preview to economic myths and assumptions these three economists suggest may be distorting public understanding of the real economy

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