
The house price horror show - With Vinjeru Mkandawire
The David McWilliams Podcast
00:00
Macroeconomics - The Paradox of Aggregation
The idea of the paradox of aggregation is that economics is counterintuitive, right? This is a really important thing to appreciate once you get into crowds. The notion that macroeconomics is just a big version of microeconomics is completely wrong. What we do as crowds makes a difference. Different rules apply.
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