Good teachers learn early on to tell stories wherever possible — it’s a lot easier to remember "that time Professor Jones got $300 off on a plane ticket" than "certain goods have high elasticity of demand in the short run." We’re hard-wired to think in terms of other conscious actors ("When Bill walked too close to the firepit…"), so it makes sense that anecdotes stick.
The Agency Problem
The Agency Problem
The Agency Problem
Good teachers learn early on to tell stories wherever possible — it’s a lot easier to remember "that time Professor Jones got $300 off on a plane ticket" than "certain goods have high elasticity of demand in the short run." We’re hard-wired to think in terms of other conscious actors ("When Bill walked too close to the firepit…"), so it makes sense that anecdotes stick.
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