Monday, June 29, 2009

Ricardo's difficult idea

The 2008 Nobel Prize winning economist Paul Krugman wrote an article title “Ricardo's difficult idea. Though, he tends to lie on today’s public policy analysis. But I find something worth to note in his 1996 article.

The purpose of taking note of his article is as simple to adopt a way to learn economics in a different way.

Some excerpts from that article. He advised to:

  • Take ignorance seriously:
  • Adopt the stance of rebel:
  • Don't take simple things for granted:

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