2. We emphasize on the concept of pluralism in economics, which means that for most economic questions, we need more than one explanations to understand the problem. Choose 2 questions from below

Which economic problem that you feel you understand it better once you are exposed to multiple explanations? Explain why. And does it change or improve your understanding about economics in general? If so, how

1. Explain Smith, Ricardo, and Marx's views on robots/automation.
2. Explain what alienation is. How is this concept similar to what Adam Smith explained on the negative consequences of the division of labor in the documentary you watched a few weeks ago?
   • How does Marx's alienation explain someone who works as a software engineer for Google? Using powerlessness, isolation, self-estrangement
3. According to Marx, what is labor-saving technology? Why do capitalists need to invest in new technology?
4. Explain the differences between the C-M-C and M-C-M' processes.
5. According to Marx, what is the reserve army of the unemployed? How does Marx use the reserve army and labor-saving technology to explain constant wages in the long run? Compare and contrast it with the Malthusian explanation.

3. we have learned about many great economists and their ideas. Who's your favorite 'worldly philosopher'? What makes that economist your favorite? Why