3min chapter

Naval cover image

How to Get Rich: Every Episode

Naval

CHAPTER

Macro Economics Is Fundamental

Children have a natural curiosity. Once you replace the curiosity with compliance, you get an obedient factory worker. But you no longer get a creative thinker. You need that ability to feed your own brain to learn whatever you want. To me, foundational things are principles, their algaritms, their deep seated gical understanding. And that's why micro economics is important, because macro economics a lot of memorization. A lot of macro bushet. As nasim teleb says, it is easier to macro bulshet than t is to micro bulship. Because macro economics is vodo complex. Science meets politics. Different macro economists get used by different politicians to paddle ther different pet

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode