In a similar manner, if you have only the index finger putting on pressure without a counteracting control from the pinky at the other side of the pivot, adapting the pressure when approaching and leaving the frog just doesn't work as well. And when you have to take too much weight off because you are missing the counterweight, the stick slips out of control and your index finger is displaced when you move back to the tip. Make no mistake: there are also some classical violinists making no use of their pinky but it's not making things easier. And the typical pinky-free fiddler will just not play near the frog and will thus have less need to adjust the pressure.
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... Published on Feb 12, 2017 Classical Keynes and Neo classical Economics. 1. Rabbia Javed & Wajiha Samreen 2. Classical Economics Keynesian Economics Neo-Classical Economics 3. Known as the English School of Economic Thought Originated during the late 18th century in Britain Main Idea: "Invisible Hand" ◦ The most effective market system is the market without government intervention. 4. Adam Smith (1776-1790), An Inquiry into the Nature and Causes of Wealth of Nations-1776 Jean Baptiste Say (1767-1832), A Treatise on Political Economy - 1803 David Ricardo (1772-1823), Principles of Political Economy and Taxation, 1817 John Stuart Mill (1806-1873), Principles of Political Economy, 1848 5. Full Employment Laissez- faire Free trade Wages are Flexible Aggregate Supply Self adjusting 6. • LRAS is vertical. • Increase in Aggregate Demand results in increase in prices only. 7. "Supply creates its own demand" Production creates demand for goods Price Level in the economy depends on the supply of money Saving investment equality Rate of interest as determinant factor support the laissez-faire belief that a capitalist economy will naturally tend toward full employment and prosperity without government intervention 8.
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