Question
1)Robbins (1932)'s famous definition has led to a debate on the subject matter of economics, which has involved many prominent economists. Discuss the logic of
1)Robbins (1932)'s famous definition has led to a debate on the subject matter of economics, which has involved many prominent economists. Discuss the "logic of choice" underlying this definition and its weaknesses, if any. Does the interpretation of economics as "logic of exchange" ("catallactics") help to overcome its weaknesses? Are the two "logics" irreconcilable?
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
