Liam Dann
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BBQ Economics: How money works and why it matters
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“We humans like a dichotomy; we're fans of a binary choice. It keeps things tidy. Deep down, we know the world is more complex. But it's much harder to visualize the three0dimensional matrix that truly incorporates all the choices and variables that shape our lives.”
― BBQ Economics: How money works and why it matters
― BBQ Economics: How money works and why it matters
“In business and micro-economics, the opportunity cost of financial decisions is an even more pressing issue. Good decision-making around opportunity costs can even be make or break for a business.”
― BBQ Economics: How money works and why it matters
― BBQ Economics: How money works and why it matters
“Understanding something like marginal utility is helpful when we try to build a more complex model of how an economy works. Without factoring it into the demand side of the equation, supply and demand curves will always be off-killer.”
― BBQ Economics: How money works and why it matters
― BBQ Economics: How money works and why it matters
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