Question
Read the essay:I, Pencil: My Family Tree as told to Leonard E. Read https://www.econlib.org/library/Essays/rdPncl.html?chapter_num=2#book-reader Spend some time thinking about this essay and then address the
Read the essay:"I, Pencil: My Family Tree as told to Leonard E. Read"
https://www.econlib.org/library/Essays/rdPncl.html?chapter_num=2#book-reader
Spend some time thinking about this essay and then address the following questions:
- What is the main message of the essay? How does it relate to knowledge? Explain clearly.
- Is the essay mostly positive or normative in nature? Which elements are positive and which are normative and why? (For a distinction between positive and normative statements, refer to "Lecture 1 on Economics as Science" and Chapter 2)
- What kind of philosophy/ideology does the pencil promote? Explain clearly
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Principles Of Microeconomics
Authors: N Gregory Mankiw
7th Edition
1305081676, 9781305081673
