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SLP416 Per Bylund - How To Think About Economics

Stephan Livera Podcast

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Is There Any Untrinership in the Snapshot?

i think a lot of people have this idea of econmics as just being this sort of technical production management, just how do you maximize the outcomes given the imports? And that, i think, does a disservice to actually the broader understanding of economics. Because consumers chose ths technology over another. It the world chose v h s over bete max,. or the world chose dvd over blue ray and other things. That in turn, sh shapes which ontribunals will be profitable.

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