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July 8, 2007

A Video for Ec 10


This fall in Harvard's introductory class, I think Greg Mankiw should have his students watch The Call of the Entrepreneur. One of the segments is a clear explanation given by a Wall Street lawyer of the value added by financial intermediaries. The entire video is very well done. And we clearly need to do a better job of explaining our economic system to students.

I wish that every high school student in America would see this video a couple of times.


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