S E14: Gains From Trade - Why Ringo played the drums
Think Like An Economist
Do You Have a Comparative Advantage?
Nez jeston is pretty capable at sorting out the bills and managing the money. So why don't you? It comes back to comparative advantage. We each want to focus our time on the best use. Justin focuses on the tex support in exchange for betsy focusing on the bills markets allow us to each specialize according to our comparative advantage.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
