Explanation of confusion

Author: Wang Zekuo
Publisher:
Publish Date: 2003-11-01
Features: The "Giffen phenomenon," where demand rises as prices increase, is not a normal market condition but can occur. Similarly, idolizing celebrities and showing excessive reverence is not the norm in the field of economics, yet it is currently emerging. As markets develop, the Giffen phenomenon tends to disappear; once economics education becomes more standardized, such reverence may only persist outside the campus. This collection documents some of the author's efforts toward modernizing economics education. Observations and opinions on socio-economic phenomena are important content of this book. Do not dismiss the discussions of scholars as empty talk—the formation of consensus is precious. From scholars voicing the sentiment "young heroes, once grown, become sadder," to some places no longer requiring minors to act bravely in emergencies, these are steps toward social progress. This book also records the author's interactions with friends through writing, with readers as the friends.

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