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However, I think it become a relatively mainstream issue

  • Author:Michael
  • Source:Original
  • Release on :2014-10-31

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Hermes Handbags Replica I gave examples, but no I dont go around reading enough econ papers to cite. However, I think it become a relatively mainstream issue. I gave the example of minimum wage. We know empirically that minimum wage does not increase unemployment or prices to any substantial degree up to a certain replica bags wage, yet Econ 101 SD curves tell you it can do anything other than that! In fact, minimum wage tends to do just as it claims, replica hermes raise the standard of living for employees. Then there are inelastic goods that tend to break a lot of the intuitions behind policy effects on a market. Then hermes replica bags there are weird human effects, for the best replica bags example (and I like someones opinion on this because again I haven read this anywhere specifically) but like, I always had a suspicion that for goods like Apple products, demand curves could have best hermes evelyne replica inverted slope up to a point. Curves might also be non linear, like having convexity or concavity, due to cultural effects. To sum hermes sandals replica it up, no sources, but I skeptical. I know it not worth a lot, but I just asked to talk about it not to be downvoted to oblivion. Hermes Handbags Replica

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Hermes Bags Replica Further the ontological criticism of SD curves (and https://www.bestsellersbag.com even economics as a whole, otherwise there wouldn’t be multiple political branches of econ) is neither high replica bags new nor radical. There are even schools of Econ, such as the Austrian school, that explicitly declare themselves ontological in nature. Unfortunately these schools are not as widely criticized online or in the wider culture as they are for instance during the Nobel prize nominations. Hermes Bags Replica

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