Abstract
Economists are notorious for using three long words where one short one will do. This is one reason why the subject of economics, which in fact revolves around a handful of essentially simple concepts, has gained an undeserved reputation among its students for being horrendously difficult.
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© 1994 Charles Smith
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Smith, C. (1994). The World and its Welfare. In: Economic Development, Growth and Welfare. Economics Today. Palgrave, London. https://doi.org/10.1007/978-1-349-23385-4_1
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DOI: https://doi.org/10.1007/978-1-349-23385-4_1
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-59268-7
Online ISBN: 978-1-349-23385-4
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