Sunday, August 10, 2008

random points

  • real purpose of socialism = overcome and advance beyond the
    predatory phase of human development (Albert Einstein)
  • free market = an excellent mechanism for balancing supply against demand. If it’s too cheap, it gets wasted, scarcity occurs and prices rise until a balance is reached.
    Similarly if it’s too expensive, no one buys so prices come down (suppliers must sell to
    stay in business) until people start buying again. A balance is reached. (Peter Wallace)
  • economic anarchy of capitalist society = as it exists today is the real source of the evil
    (Albert Einstein)

DS 121 reviewer for the recitation (matching type with justification of your answer)

1. gendered manifestation of intergenerational poverty 2. bridges theory and practice 3. my DS 121 professor 4. common misconception about p...