Economics has been dubbed the “dismal science” since Thomas Carlyle coined the phrase in 1849. The 2008 presidential candidate who said, “Economics is something that I’ve really never understood,” probably sides with this view. So, why is economics so dismal to so many? Is it because it has become too mathematical? Is it because traditional textbooks fail to connect topics and models in a concise, cohesive, and meaningful way? Is it because...
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