The Days of the EEs

and the circle of turst. I remember when I wondered what would happen when we all went to college. Can't say I expected a long-run equilibrium, but then, how exactly would you define an economic profit? Of course, if you stay in perfect competition too long, you forget where the marginal cost, marginal benefit, demand and all that are once you go to a monopoly. 

Taking ECON 11 next semester. Analogies are worth the while.