4min chapter

Coin Stories with Natalie Brunell cover image

Saifedean: Why Capitalism is Good and We Don't Need Expanding Money Supply, a Preview of his New Book: Principles of Economics

Coin Stories with Natalie Brunell

CHAPTER

The Importance of Financial Literacy

I think the average person would benefit so much from understanding more about economics. We really have to have more financial literacy in every single country. Money emerges on the market for the same reason that all kinds of other goods emerge on the market. People want to eat and so then there's an industry that develops around food. You don't need the state to tell people, hey, you should eat... It's very simple common sense when you think about it.

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