Matt Kibbe talks with economist Per Bylund about his new book, “How to Think About the Economy: A Primer.” Bylund explains what the economy actually is and how it works in terms that are easy for anyone to understand. Economics is not, as many believe, the study of money or finance, but a way of understanding human decision-making given the constraints of scarce resources. Per also explains the basics of the Austrian School of Economics, which differs in several important ways from the Chicago School and the Keynesian School, which are generally more popular with politicians and policymakers.

How to Think About the Economy: A Primer: https://www.amazon.com/dp/1610167554/