(E is a theologian) From: E Sent: Thursday, March 07, 2019 7:58 PM To: Walter Block Subject: Re: response Walter, Peace Of course I agree with you that, other things being equal, the higher price, the less the sales. Similarly, the higher the wage, the likelihood that fewer people will be hired. There is, as you note, one hitch. That hitch is people. This is true of prices for goods. I checked with my students about prices of toothpaste. They have no idea whether any tube is better than another tube. But they do know that the box is bright … Continue reading Economics Is All Well And Good, But It Does Not Apply To People?
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