SUMMARY:

Discover how economics are understood as a series of tradeoffs. Our economic policies are too often convoluting with ingredients that stray from common sense. Mathew Hennessey joins Andy to discuss how you can cut through “magical thinking” and use economics to make better choices.

SHOW NOTES:

5:28: Why Are So Many People Intimidated By Economics?

7:33: How Have Economics Become “Over-Credentialized?”

10:17: How Is MMT An Example Of Economic “Magical Thinking?”

14:54: How Are Economics A Series Of Choices?

30:42: What Can Steve Jobs Teach Us About Economics?

38:08: What’s Wrong With The Fed Printing Money To Solve Problems?