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About The Book
Description
Author
Most people who study economics are introduced to a model which understands economic activity as based upon the constant desire of the economic man to maximize his welfare. As a result it is held that economic behavior can be reduced to a series of graphs in which supply and demand are brought into harmony. The economy is seen as akin to a gigantic machine. In this book Thomas Storck challenges this economic model in two ways. He points out that this understanding of economics fails to recognize