2min chapter

Think Like An Economist cover image

S E52: Useful Economics in Everyday Life

Think Like An Economist

CHAPTER

We're All Actors in the Economy

We're all actors in the economy, rather than simply being spectators. Teachers need to make clear that our students aren't passively looking at this big, scary, nebulous machine called the economy. It's completely false. We are the economy. That perspective leads us to focus on each of us making good decisions.

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