249. What Is Subjective Value?

The Way the World Works: A Tuttle Twins Podcast for Families
24/01/2022 11 min Episodio 249
249. What Is Subjective Value?

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Episode Synopsis

Economists who think they can plan for the entire economy get a lot of things wrong. The most important thing they get wrong is ignoring the role individual preference plays in determining the value of goods and services.

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