5min chapter

The "What is Money?" Show cover image

How to Think About the Economy with Per Bylund (WiM248)

The "What is Money?" Show

CHAPTER

Is the Economy Going to Be Wrong?

We approach the economy in the wrong way. We observe things and say, oh, this must be because. But we don't really understand how this outcome came to be. So if you see things through an economist's eyes and you look at the market as an ongoing process, then it's ever changing. It's evolutionary. And that's why I think a lot of people, they really dislike economics too because it makes their dreams impossible.

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