I've decided that since I'm throwing out economic terms willy-nilly, I would try and explain the salient parts of Economics, the way I conceive of them.
Consider this the stuff they don't teach you in Samuelson!
I hope to convince you that you can build a great edifice on very few assumptions (which are largely self-evident.)
Besides, it should be a welcome read when journalists don't say dumb-ass things (a rare occurrence but it does happen.)
Friday, July 07, 2006
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