9 terms economists use that you don't know--but should

January 15, 2015 12:19 PM

Matt Yglesias of Vox has posted a list of “9 things only neoclassical economists will understand.” Well, the good news is, we at Bloomberg View don’t believe there is anything that you, the reader, can’t understand! That’s why I, your friendly neighborhood economics columnist, will explain Yglesias’ nine things in layman’s terms.

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