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,PEOPLE 3 

,AU?OR 3 ,EZRA ,J4 ,MI%AN 

 3 ,CO/S ( ,ECONOMIC ,GR[? 

,TEXT 3 

,! GR[+ 9CID5CE ( ! EXT]NAL DISECONOMIES G5]AT$ BY C]TA9 SECTORS ( ! ECONOMY & SUFF]$ BY ! PUBLIC AT L>GE1 REG>D$ AS ! MO/ SALI5T FACTOR RESPONSIBLE = ! MISALLOCATION ( \R NATIONAL RES\RCES1 IS ONE ( ! *IEF !MES ( ?IS ESSAY & ! MOTIF ( ?IS SECOND P>T ( ! VOLUME4 ,ALL PR(ESSIONAL ECONOMI/S >E1 ( C\RSE1 AW>E ( ! ROLE PLAY$ BY EXT]NAL DISECONOMIES 9 ! SY/EM2 ?\< ALAS1 ALL TOO MANY ( !M T5D TO LOOK AT SU* EFFECTS M]ELY AS ONE ( ! *IEF OB/ACLES TO FACILE !ORIZ+ -- AS ! SORT ( POSSIBILITY ?AT DETRACTS FROM ! OPTIMAL PROP]TIES ( ! POPUL> !ORETICAL CON/RUCT1 A P]FECTLY COMPETITIVE ECONOMY -- RA!R ?AN AS AN EXI/+ SOCIAL M5ACE4 ,FAMILI>ITY ) SO SIMPLE A CONCEPT1 & RITUAL FOOTNOTE REF]5CES TO IT1 SEEM TO HAVE IMP>T$ A FEEL+ ?AT ! MATT] IS WELL UND] CONTROL4 ,TOO MANY ECONOMI/S HAVE1 !RE=E1 CONT9U$ TO IGNORE ! EV5TS TAK+ %APE >\ND !M & TO IMM]SE !MSELVES 9/EAD 9 ! 9TELLECTUAL FASC9ATION ( QUASI-MA!MATICAL MODELS ( GR[?1 & ! !ORETICAL PROBLEMS 9VOLV$ 9 G5]AL SOLUTIONS ( OPTIMAL SY/EMS4 

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,*RONOLOGY 3 
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