We asked 188 economists. And the survey says...
Planet Money
Understanding Economic Misconceptions
This chapter tackles common misunderstandings of economic terms like 'capitalist' and 'welfare', clarifying their true definitions versus popular interpretations. It also examines price discrimination through relatable examples, such as varying movie ticket prices for different demographics, and discusses public perceptions of fair pricing. Additionally, the chapter explores the concept of a 'soft landing' in economics, revealing how it may still entail economic hardships despite its positive implications.
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.
