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Episode 166: The Economics of Optimism

Words & Numbers

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The Impact of Disruption on the Economy

As an economist, I'm aware of just how much we do for each other through the pricing system without really being aware of it at all. We're highly specialized and yet we each are able to get anything we want to buy normally, even though we produce almost nothing that sustains us each day. And you see, that's a miracle of source that people don't even think about and that's one of the things that I wanted to bring out as a basis for optimism.

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