The answer to the second question, I think, is easy. It is because
'competition' (under the rule of law) is one of the best ways human
beings have hit upon for co-operating.
Anthony Waterman
On 21/11/2012 1:37 PM, Bruce Caldwell wrote:
> Dear SHOE list:
>
> I got the following 2 questions from Paul Rubin. Any takers?
> Question: When was "competition" first used in economics. Harder
> question: Why is the economy called "competitive" when it is actually
> cooperative?
> Please answer to the list, and I'll forward the consensus answers (if
> they emerge) to him.
> Bruce Caldwell
>
>