The Bitcoin Standard Podcast 192. TIME: Principles of Economics online course Lecture 3
15 snips
Oct 24, 2023 This podcast discusses the significance of time in economics and how it relates to various economic concepts. It explores the concept of time in economics, emphasizing its role in economic production processes. The podcast also analyzes the decrease in time price for commodities and discusses the concept of time preference and its impact on economic decision making.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Understanding the Significance of Time in Economics
02:12 • 3min
The Concept of Time in Economics
04:57 • 15min
Understanding the Vastness of Earth's Resources
20:07 • 2min
The Analogy of the Swimming Pool: Resource Consumption and Economic Constraints
22:30 • 2min
Abundance of Resources Over Time
24:45 • 11min
The Concept of Time Preference and Its Impact on Economic Decision Making
35:50 • 12min