Group 3: Normative and Positive Traditions in Economics: Difference between revisions

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<center> [[Image:Friedman.jpg]]              [[Image:Sen.jpg]]
<center> [[Image:Friedman.jpg]]              [[Image:Sen.jpg]] </center>








''"We must be prepared to study not merely economic principles and applied economics; we must be prepared to study many other disciplines. ...We must study political philosophy. ...We must study history which, if it gives no rules for action, so much enlarges our conception of possibilities."''
<center>''"We must be prepared to study not merely economic principles and applied economics; we must be prepared to study many other disciplines. ...We must study political philosophy. ...We must study history which, if it gives no rules for action, so much enlarges our conception of possibilities."''
[[Sources and Works Cited|[5]]] ~Lionel C. Robbins
[[Sources and Works Cited|[5]]]</center>
<center>~Lionel C. Robbins</center>




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By James Morris and Ryan Voorhees </center>
<center>By James Morris and Ryan Voorhees </center>




Revision as of 22:46, 1 May 2007

Home | Introduction | Normative Economics | Positive Economics | What the classicals said | Transition | Economics today (Positive) & its future | What we learn from this | Conclusion | Works Cited





"We must be prepared to study not merely economic principles and applied economics; we must be prepared to study many other disciplines. ...We must study political philosophy. ...We must study history which, if it gives no rules for action, so much enlarges our conception of possibilities." [5]
~Lionel C. Robbins



By James Morris and Ryan Voorhees



Home | Introduction | Normative Economics | Positive Economics | What the classicals said | Transition | Economics today (Positive) & its future | What we learn from this | Conclusion | Works Cited
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