"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Monday, August 20, 2012
MWF 10 Class
First day. 8/20/12 Monday. Comments about the course. Print and read the syllabus. Read chapter 1 of the text.
Wednesday. Definition of economics through scarcity.
