SLP416 Per Bylund - How To Think About Economics
Stephan Livera Podcast
00:00
The Importance of Human Ingenuity
Economics is about how we interact in an interpersonal way. And it's not just kind of the homo economics or the automaton, who's just merely focused on the maximizing the production. It's about economizing with what we have, given the wants that we have. We don't have to use as much natural resources to get even more a valuable outcome - right?
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