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Blame Capitalism: Souring on the system
Today, Explained
The Definition of Private Property in Economics
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In an engaging story, economist Wendy Carlin recognizes the disconnect between economics education and the real world. She struggled to explain the financial crisis to her students and realized the need for a new approach. Wendy writes a textbook to teach economics with relevance to the last 30 years. She highlights the defining characteristics of capitalism: private property, market exchange, and capitalist firms.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode