An economist’s guide to getting rich the right way
Making Money
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Economics, Confidence, and Life Goals
This chapter discusses the public's skepticism of economists and the field's reputation for inaccuracy while emphasizing its scientific merits. It explores the role of economics in achieving personal goals and the importance of sound financial decision-making, highlighting the pitfalls of overconfidence in investing and decision-making. The conversation also addresses the need for scientific literacy among citizens to combat misinformation and improve policy effectiveness in tackling social issues.
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Transcript
