5min chapter

Economics Explained cover image

Economics Is the Deadliest Science

Economics Explained

CHAPTER

The Drawbacks of Data-Driven Economics and the Impact of Globalization

This chapter explores the drawbacks of relying solely on economic data and metrics to make decisions, emphasizing the importance of considering intangible factors like human fulfillment and happiness. It discusses the work of Nobel laureate Angus Deaton and how his findings shed light on the unequal distribution of benefits from globalization.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode