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View Diary: The Story of the Monkey King: A Macroeconomic Fairytale (7 comments)

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  •  So as to avoid plagiarism, this was inspired by a (0+ / 0-)

    lecturer whose course I attended who uses the monkeys with screwdrivers metaphor to explain the tradeoff between labor and capital. He teaches at the University of Chicago, but he studied economic philosophy at LSE. I don't know if he got the idea from someone at LSE.

    There will always be plenty of things to compute in the detailed affairs of millions of people doing complicated things. -Vannevar Bush 1945

    by Nathan Jaco on Wed Oct 16, 2013 at 08:18:56 PM PDT

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