Recent content by catharsis

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    Why is Economics considered a "social science"?

    Honestly, the social sciences can be stretched to encompass any field of study at all so I'm not surprised. Still, why is it NOT considered a hard science? My own thought is that so long as it remains a "social" science, the social engineers get to claim it for themselves. The result is that...
  2. C

    Can someone help me with the economics question?

    From Wikipedia: An often-cited example of factor price equalization is wages. When two countries enter a free trade agreement, wages for identical jobs in both countries tend to approach each other. After the North American Free Trade Agreement (NAFTA) was signed, for instance, unskilled labor...
  3. C

    Can someone help me with the economics question?

    From Wikipedia: An often-cited example of factor price equalization is wages. When two countries enter a free trade agreement, wages for identical jobs in both countries tend to approach each other. After the North American Free Trade Agreement (NAFTA) was signed, for instance, unskilled labor...
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