Examples
Published in The New Palgrave Dictionary of Economics • Jan 1, 2018
NobleIDNI1P89W48R15S33
Authors:
James Bonar
Abstract
Examples in economics, as elsewhere, are simply cases, real or fictitious, or partly both, supposed to embody a general principle. They may be classified as follows: (1) Real but general, as Ricardo’s hunters (Principles), and Adam Smith’s bricklayers, carpenters, and men of letters (Wealth of Natio...
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