3 ms·
It took me a long time to grasp market economics. I knew it worked somehow but I didn't quite understand why. What really made it click was Milton Friedman's "F
by olalonde 4y ago
It took me a long time to grasp market economics. I knew it worked somehow but I didn't quite understand why. What really made it click was Milton Friedman's "Free to Choose" TV series[0].
[0] https://www.youtube.com/watch?v=dngqR9gcDDw&list=PLXD32Z5YYifX8J3Kp-WBA9Ongy0p1C1u9 https://www.youtube.com/watch?v=dngqR9gcDDw&list=PLXD32Z5YYi...
- viburnum 4y agoI had the same experience (and then I had to unlearn it all because it only applies to trivially narrow examples. MF’s trick is to hide the assumptions well the same way a magician diverts your attention).