What is the parable of the story of Ramon, Amy and Professor Ruth Lieber? In other...

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Economics

What is the parable of the story of Ramon, Amy and ProfessorRuth Lieber? In other words, what is Russell Robertsâ€™ main thesis?In your answer, you must explain the concept of â€œemergent orderâ€and describe the role that prices play in creating this emergentorder, fully supported by applying supply and demand analysis.

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Ramon Amy and Professor Ruth Lieber are characters of the story The Price of Everything A Parable of Possibility and Prosperity written by Russel Robert where he speaks about the economic growth and the unseen forces that creates and sustains the economic harmony around us In the story Lieber makes many comments that helps in understanding the concept of how an economy grows and sustains in itself For example in the story he talks about the concept of no one can make a pencil where he says that no one will dare to make a See Answer

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