Economics versus reality : how to be effective in the real world in spite of economic theory /

Features a selection of writings on economics, philosophy, social theory and policy.

theories and their verification; 6. Postulates for the theory of choice; 7. The estimation of parameters; 8

create profits that circulated to other sectors and supported all social institutions. Physiocracy, which

experience: the social relationships that define us, the loves (and hates) that motivate and distinguish us

theory and strategic play -- Oligopoly and monopolistic competition -- Tradeoffs involving time and risk