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James Kwak

James Kwak is Associate Professor of Law and William T. Golden Scholar. He is a prolific writer and blogger whose wide range of scholarly interests includes corporate law and governance, financial markets and regulation, retirement security, and fiscal policy. Twitter: @JamesYKwak

How Ideologues Use Grade-School Economics to Distort Minimum Wage Debates

Introductory economics can be more misleading than it is helpful.

By James Kwak Supply and demand curves were introduced to the world by the French mathematician Antoine-Augustin Cournot in 1838. These now-ubiquitous analytical tools show how many units of a product are demanded and supplied […]

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Does Behavioral Economics Support or Undermine the Welfare State?

Decision making opportunities affect on the poor

By James Kwak The title of a post by Mike Konczal is Does Behavioral Economics Undermine the Welfare State? He answers it in the negative. The question comes from Karl Smith and is based on a paper by Bryan […]

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