The Rubik Cube
Source D. Ohmans Date 02/06/11/11:56
The Rubik Cube is the Neo-Classical model.
The Classical model was Smith (1776) and Ricardo (1817).
The NC model is Marginalism.
Examine the prices of domain names.
Keynes creates macroeconomics (1936).
President Reagan in 1980's instituted Social Darwinism (read posting 1).
But microeconomics misinterprets:
o labor as disutility
o land as private property
o monopoly, externalities, public goods.
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Copyright (c) 1998, Joongpil Cho