ECON 155 Study Guide - Comprehensive Final Exam Guide - City, Capitalism, Production Function
Document Summary
In the production function, there is no variable that measures sustainability, individual, not the aggregate health effects, hunger, and climate change: problem: not that it is overly mathematical, but it is insufficiently rigorous. I(cid:374) a p(cid:396)i(cid:448)ate e(cid:374)te(cid:396)p(cid:396)ise, (cid:449)e a(cid:396)e(cid:374)"t looki(cid:374)g fo(cid:396) ide(cid:374)ti(cid:272)al i(cid:374)di(cid:448)iduals: no private firm is governed democratically. I(cid:374)(cid:448)esto(cid:396)s do(cid:374)"t hold a (cid:448)ote a(cid:373)o(cid:374)g e(cid:373)plo(cid:455)ees i(cid:374) o(cid:396)de(cid:396) to dete(cid:396)(cid:373)i(cid:374)e ho(cid:449) thei(cid:396) (cid:272)apital should (cid:271)e i(cid:374)(cid:448)ested: similarly parents role despotically (cid:272)hild(cid:396)e(cid:374) do(cid:374)"t de(cid:272)ide (cid:449)he(cid:374) to sleep, a private enterprise is despotic by nature. In greek, slave and employee is used in the same context. If your community is migratory, possessions pose an encumbrance: c-d function suggests that i will maximize my leisure-labor trade off. Cities that have lied for good reason/good of the people, they will lie for any reason: phillip dies u(cid:374)de(cid:396) suspi(cid:272)ious (cid:272)i(cid:396)(cid:272)u(cid:373)sta(cid:374)(cid:272)es. Ale(cid:454)a(cid:374)de(cid:396)"s (cid:271)o(cid:455)hood tuto(cid:396) (cid:449)as a(cid:396)istotle: first principle: economics is not politics.
