Listener. March 20, 1993 Back in the 1960s, different disciplines at the University of Sussex made a commitment to work together. The more advanced social statistics course was taught to all social scientists, psychology tutorials were taken by an economist and economics students were taught by a psychometrician, To this multidisciplinary environment came a young…
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A COMPARISON BETWEEN NEW ZEALAND AND OTHER OECD COUNTRIES. Review NZ Science Review, Vol 50 (1) 1993, p.24-27.
Keywords: Growth & Innovation;
Every economy faces a problem as to how much it should spend on each commodity. In the typical market the decision is made by a multitude of individual purchases. No one person decides on how much bread should be made, but in a rough and ready way, the outcome seems broadly efficient and fair (if the income distribution is fair).