by Summary:
Eiteman and Guthrie conclude their paper with this statement: “If the beliefs of businessmen in general coincide with those included in this sample, it is obvious that short-run marginal price theory should be revised in the light of reality.” That was in 1952…. Another thing conventional economics reverses and gets backwards. "Reality is a bitch."econoblog 101The problem with the supply curveDirk Ehnts | Lecturer at Bard College Berlin
Topics:
Mike Norman considers the following as important: foundations, law of supply and demand, microeconomics, supply curve
This could be interesting, too:
Eiteman and Guthrie conclude their paper with this statement: “If the beliefs of businessmen in general coincide with those included in this sample, it is obvious that short-run marginal price theory should be revised in the light of reality.” That was in 1952…. Another thing conventional economics reverses and gets backwards. "Reality is a bitch."econoblog 101The problem with the supply curveDirk Ehnts | Lecturer at Bard College Berlin
Topics:
Mike Norman considers the following as important: foundations, law of supply and demand, microeconomics, supply curve
This could be interesting, too:
Mike Norman writes Asad Zaman — Methodology of Modern Economics
Jodi Beggs writes Sooo…I have a bit of a confession to make- I’ve…
Eiteman and Guthrie conclude their paper with this statement: “If the beliefs of businessmen in general coincide with those included in this sample, it is obvious that short-run marginal price theory should be revised in the light of reality.” That was in 1952….Another thing conventional economics reverses and gets backwards. "Reality is a bitch."
econoblog 101
The problem with the supply curve
Dirk Ehnts | Lecturer at Bard College Berlin