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S E53: Economics For All Your Decisions In Life - From Romance to Retirement

Think Like An Economist

00:00

The Marginal Principle

Think on the margin. That's our margina principle. Thet marginal principle is something that we use with almost every decision. Fun fact, actully, our youngest child is called marginal child. We looked deeply into each other's eyes on a candle lit evening and said, let's think about the costs and benefits. And truer words have never been spoken.

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