Added: 2 months ago
From: INETeconomics
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  • A few natural expirements show the logical flaws in neoclassical consumer theory. Just ask what is quality and convenience? Alex Gheg's video puts you in a natural expirement that will shock you youtube.com/watch?v=2c4mvGekYZ­Y

  • What is What ? asked Per Krusell

    My answer is: The relation between the quantity of money to the country's output is what governs the country’s economic situation and outcome. See: "economic simulator" Wikipedia

    Ben Tamari

  • The curious task of economics is to demonstrate to men how little they know about what they imagine they can design. - F.A. Hayek from "The Fatal Conceit" (Australian School of Economics)

  • @LukkieUCLA well, it's Austrian, not Australian

  • @LukkieUCLA You probably got this already but its Wienerschnitzel not shrimp on the barbie

  • Starts at 9:52

  • so informative! new economic thinking!

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