"To defend the truth, to articulate it with humility and conviction, and to bear witness to it in life are therefore exacting and indispensable forms of charity."

H. H. Benedict XVI. Caritas in Veritate Encyclical. June 29, 2009

Saturday, March 24, 2012

A lesson on microeconomics

The production theory explains how production decisions, not supply decisions, are taken. Similarly, supply decisions doesn't depend on production decisions.

No comments: