eagleseven
Quod Erat Demonstrandum
Economics is built upon a foundation of a simple yes or no question. What is this simple question, you ask? Easy.
"If I gave you a choice, right now, would you prefer to purchase an egg over a glass of wine?"
See, very simple. Put several trillion of these answers into a fancy formula and integrate it a couple dozen times, and voila, you have Neoclassical Economics!
P.S. The invisible hand you likely have heard about is simply the combination of humanity's answer to the above question.
Last edited:
