On Truth in Teaching Macroeconomics

  • Robert W. Clower


It seems paradoxical beyond endurance to rule that a manufacturer of shampoos may not endanger a student’s scalp but a premier education institution is free to stuff his skull with nonsense. (Judge Howlson, reported in Stigler (1975), p. 191)


Reservation Price Aggregate Demand Aggregate Output Aggregate Supply Effective Demand 
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Copyright information

© Daniel Vaz and Kumaraswamy Velupillai 1996

Authors and Affiliations

  • Robert W. Clower

There are no affiliations available

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