1.3. As Nobel Prize winner and New York Times columnist Paul Krugman has noted, the field of...
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1.3. As Nobel Prize winner and New York Times columnist Paul Krugman has noted, the field of economics is a lot like the field of medicine: They are fields where knowledge is limited (both are new as real scientific disciplines), and where many cures are quite painful ("opportunity cost"), but where regular people care deeply about the issues.
What are some other ways that economics and medicine are alike?
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