CRITICISMS OF LIONEL ROBBIN’S DEFINATION: 1. It lacks human touch as it does not consider human welfare as an end in itself. It is a purely theoretical definition. 2. It has reduced economics to a theory of value & assigns…
Blog Archives
INTRODUCTION TO ECONOMICS – X
Tagged with: criticisms, economic problem, means have alternative uses, Robins defination
Posted in General Economics
Posted in General Economics