Understanding Economics Series
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Common sense economic lessons for the interested layman. How a free market economy works, from an Austrian School perspective.
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Lesson Zero: Thinking Like a (Good) Economist.
Starting from the very beginning, founding economic theory on absolutely true axioms and deriving universal economic law from them. Major principles: Human Action, Means & Ends, Goods, Production, Time, Scarcity, Choice, Cost, The Margin
very refreshing series. so good to hear some science rather political opinion bullshit to the extent it's almost sickening how willign people are to impose their abitrary values or ideas on allocation (deservedness) on others. liberals and republicans all part of the problem. you make it very simple as well which is great.
maxgunn555 4 months ago
I went to eat some turkey sandwich after watching this! :)
MrGeneralRelativity 8 months ago
Thank you so much for making these videos! You make economics very easy to understand. Please keep up the great work. You are promoting exactly what this country needs; Austrian economics! Thanks again.
parrottice1 1 year ago
It's funny because I always hear Liberas scoff at Free Market proponents as assuming people always have perfect information.
theradioschizo 1 year ago