One lesson from this chapter is that the popularity of an economic theory depends in part on

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One lesson from this chapter is that the popularity of an economic theory depends in part on its ability to offer solutions for current, pressing problems. Because economic theories move in and out of fashion as conditions change, does this mean that they are not scientific after all?

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Economics Theory And Practice

ISBN: 9781118949733

11th Edition

Authors: Patrick J. Welch, Gerry F. Welch

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