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RE: RamtaSnakk - Nå også på tag fredrikstad_______________30.08.2016

in #fredrikstad8 years ago

The 10 Fundamental Principles of Economics:

People respond to incentives.
People face trade offs.
Rational people think within the margin.
Free trade is perceived mutual benefit.
The invisible hand allows for indirect trade.
Coercion magnifies market inefficiency.
Capital magnifies market efficiency.
Supply and demand magnify resource efficiency.
There’s no such thing as a free lunch.
Desires are infinite; resources are finite.

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