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Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.

"Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition."

-- Dale T. Mortensen

After reading our second lecture for the week, expand upon the statement above. What concepts did you learn about this week, and how do they impinge upon the human condition?

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