data-driven economics 101

This article in Vox is about an entirely data-driven approach to introductory economics. The idea of asking students to discover their own theories is an interesting one, but in most fields I do think there is an established body of theory and standard practice that students should learn before they are qualified to go off reinventing their own wheels. If a new generation doesn’t know what they don’t know, they have to reinvent everything and society doesn’t make progress.

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