1min chapter

The Numberphile Podcast cover image

The Importance of Numbers - with Tim Harford

The Numberphile Podcast

CHAPTER

What's Economics?

economics doesn't have a really encouragin a reputation at the moment. Most people would say it's about interest rates an stock markets manage. We are surrounded by a incredibly complex economy. There may be ten billion distinct products and services on sale. It's about how we spend our ime and how we're rewarded for spending our time. And inequality, who gets what and why they get it,. regulating pollution, a congestion, a building, mean the so and all these different aspects of human behaviour. So there's maths, there's history, the psychology, the sociology. That's what economics is to me - but to most people, i think 20 years ago, they'd hae

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