4min chapter

Think Like An Economist cover image

S E5: Core Principle 4 - The Interdependence Principle - No Decision is an Island

Think Like An Economist

CHAPTER

The Third Set of Interdependencies

In the first interdependency, we were focusing on your limited resources. The more others get, the less there is for you. So other people's choices will affect you and your best choice. We've mapped out dependencies running from one industry to another. For just about anything you do, you've got the option of doing it to day or does it to morrow. Thinking about time is a big deal when it comes to your investment.

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