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168. Available now: Principles of Economics!

The Bitcoin Standard Podcast

CHAPTER

The Importance of Time Preference in Economics

Economics is not about economic material things, it's about how we allocate our time. We could get more of everything if we were just to economize our time away from other things and dedicate that time to this thing that we want more of. So ultimately thinking about economics as being about economizing time is I think a very powerful tool to use for understanding economics.

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