I've always thought that people's understanding of economics was wrongly shaped by basic economics classes. Others have actually done the footwork and come to the same conclusion. I found this post in a rather circuitous fashion, but it's worth a read. There is a linked PDF with an article by Chris Hayes from In These Times about his experience at an Econ 101 class at the University of Chicago. I'm reading through it now and it's pretty interesting.
Link: Neoclassical Indoctrination
Coincidentally, my word of the day yesterday was ipsedixitism. Which aptly describes econ 101, at least in my High School experience.
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