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Listen "Ep. 3 - The most important idea in economics"
Episode Synopsis
Victor guides parents and teens through a discussion of the most foundational concept in economics. Do we live in a world of plenty or scarcity? First, he looks at the implications of this idea. Then, he lays out the arguments that we live in a world of plenty.Finally, he makes the case that resources are limited while human needs and desires are unlimited.
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