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Subject:
From:
[log in to unmask] (Michael Perelman)
Date:
Fri Mar 31 17:18:48 2006
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<[log in to unmask]>; from [log in to unmask] on Thu, Jul 28, 2005 at 05:30:27PM +0000
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Pack, Spencer J. wrote:  
> If economics is a theory of choice, then how is it different from  
> psychology?  
  
Because the choices studied by economists are a limited set of choices.  
  
For example, people choose as consumers, but workers have no choice about working
conditions except to exit.
  
Michael Perelman  
  
 

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