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Posted on 03.16.10 by Thomas L. Knapp
“My dictionary says that economics is a social science (sic!) dealing with the production and distribution of goods and services. That definition, however, is based upon one colossal assumption: that there is a medium of exchange! A sort of starting point for economics is the belief that exchanges are possible on an equitable basis. Maybe that’s taking too much for granted.” (03/15/10) Link: http://strike-the-root.com/economics-for-dummies Filed under: RRND Commentary and Twitter-Worthy | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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