S1E6: How economics really affects you
Making Money
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The Importance of Technology in Economic Growth
The population is aging. So there's a large proportion here at older, which means there are fewer people in the labour force. And you need labour, essentially it's one of the key ingredients for economic growth. As that labour force kind of gets smaller, it can be a bit more difficult for the economy to grow. But one thing which you should take into account is technology, which means that you might need fewer workers. And might even make it a bit more productive. The fact that you have to learn economics in Latin as well is absolutely ridiculous,. Not only you learn in economics, you happen to learn a dead language as well. We took out all the Latin from the book.
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