Ep. 3 - The most important idea in economics

29/05/2025 21 min Episodio 3

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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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