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Economic Theory
Economic Theory
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Questions for Economic Theory (11)
1
Answer
What is "The Triple Convergence"? What are its three constituent elements?
Updated At
8/18/2025
1
Answer
To what extent do Friedman's arguments apply to the service and knowledge economies, and to what extent do they not apply to agriculture and manufacturing?
Updated At
8/18/2025
1
Answer
What is the relationship between Friedman's 'Lexus and the Olive Tree' theory (the pursuit of prosperity versus the adherence to identity) and 'The World Is Flat'?
Updated At
8/18/2025
1
Answer
Regarding Friedman's predictions for the future, which ones have been confirmed and which ones have been disproven?
Updated At
8/18/2025
1
Answer
What is the relationship between the Long Tail effect and the Pareto Principle (80/20 Rule)? Is it a subversion, a complement, or a failure in specific situations?
Updated At
8/18/2025
1
Answer
What exactly does Friedman's use of "Flat" mean in his book title? Is it a metaphor, and what specifically does it refer to?
Updated At
8/18/2025
1
Answer
Why did Friedman consider the core characteristic of Globalization 3.0 to be 'the power of individuals'?
Updated At
8/18/2025
1
Answer
If Friedman were to rewrite his book today, how do you think he would revise his core arguments?
Updated At
8/18/2025
1
Answer
What role does Imagination play in a flat world, according to Friedman?
Updated At
8/18/2025
1
Answer
How does Thomas Friedman define 'globalization'? How does this differ from your prior understanding?
Updated At
8/18/2025
1
Answer
How did the 2008 global financial crisis challenge Friedman's theories?
Updated At
8/18/2025
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