Economic Education's Impact
Russ and Michael discuss the impact of economic education on policy decisions, questioning whether teaching economics can truly lead to better policies. They explore the limitations of teaching economics and the potential for increased skepticism towards grandiose planning solutions. The collapse of the Soviet Union and the persistence of certain socialist ideas in specific areas are also examined, highlighting the importance of understanding the rationale behind policy agendas.In this clip
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EconTalk
Michael Munger on the Political Economy of Public Transportation
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