It is said that classical economists were of a particular time and place and that their analysis

Question:

It is said that classical economists were of a particular time and place and that their analysis is now not relevant, albeit, at the time it was hugely influential and insightful. Comment on this view.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

Question Posted: