Afghan opium blight strategic implications of elasticity

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Free Slides from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ Afghan Opium Blight: Strategic Implications of Elasticity Posting prepared May 13, 2010 Terms of Use: You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook, Introduction to Economics, from BVT Publishers. Check it out at http://www.bvtpublishing.com/disciplines.php?Economics

Blight Strikes Afghan Opium Crop ,[object Object],[object Object],[object Object],Posting P100513 from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ Opium Poppies Source: PDClipart.com

Elasticity of Demand for Opium ,[object Object],[object Object],[object Object],Posting P100513 from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/

Effect of the Blight on Revenue ,[object Object],[object Object],Posting P100513 from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/

Who Holds the Opium Stocks? ,[object Object],[object Object],Posting P100513 from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/

The Law of Unintended Consequences ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Posting P100513 from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. — Henry Hazlitt Economics in One Lesson (1946)

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1. Free Slides from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ Afghan Opium Blight: Strategic Implications of Elasticity Posting prepared May 13, 2010 Terms of Use: You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook, Introduction to Economics, from BVT Publishers. Check it out at http://www.bvtpublishing.com/disciplines.php?Economics

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