Thursday, 2 August 2012

Q2 - 2012-13
Answer:
(1) Economics is extremely useful as a form of employment for economists. - John Kenneth Galbraith
The Age of Uncertainty - 1977 book written by John Kenneth Galbraith


(2) The curious task of economics is to demonstrate to men how little they really know what they imagine they can design. -  Friedrich August Hayek 
The Road to Serfdom - book written between 1940 and 1943 by  Friedrich August Hayek 


(3) The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists. - J. V. Robinson
The Economics of Imperfect Competition - 1933 book written by Joan Violet Robinson


Honourable mentions for the week go to;
Zenaida, Alisha and Shervon of F.Y.B.Com. and 
Stella and Olivia of S.Y.B.Com.
CONGRATULATIONS :)

  Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...