A model of the global economy…
by Vinay Gupta • April 25, 2008 • The Global Picture • 2 Comments
Suppose six castaways are stranded on a deserted island, five Asians and one American. Further, suppose that the castaways decide to divide the work load among them in the following manner: (for the purpose of simplicity, the only desire the castaways work to satisfy is hunger) one Asian is put in charge of hunting, an [...]
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