Do you even Econ 29?
It's a better course than I thought. What you describe is practical. Tariff and trade economics usually is not.pic.twitter.com/GfO4pSmXul
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It's not practical for an individual business, but understanding and being able to rationally theorize about trade economics at scale is useful for policymakers.
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Maybe it gives them a sense of piece of mind, but using formulas and macro papers to determine policy, is like reading tea leaves or entrails.
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