A Price to Pay "The Fatal Equilibrium" by Marshall Jevons describes a story of murder and betrayal within the Harvard University faculty. The novel also explains the economic ways of thinking that people apply for decision making in their lives. Economics is in ways like the air. It surrounds us in every way no matter where we live, work or play. Economics play a great role in our lives whether or not we want it …
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showed last 75 words of 667 total
…their decisions because the price of their lives outweighed all others. The characters in the "The Fatal Equilibrium" all serve as an example of how people use economics as a way of life. As to the saying "economics is the study of how economists behave", I believe that economic will always stand in our decision making life. The characters in the "The Fatal Equilibrium" supports this idea of economic being an everyday way of life.