Adam Smith: The Grandfather Of Economics
Economics Explained
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The Importance of Behavior in Economics
Adam Smith's ideas sound so logical to us today because we live in a wealthy society that was afforded to us by these policies. From this, a new brand of economics was created that accounted for people being dumb. In the next video in this series, we will be looking at behavioral economics and how it addresses and explains the shortcomings of our silly, silly people in an economy.
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