Intro Econ 4: Scarcity & Pistachios

This week’s stop on our world tour - Korea. A country divided into two very different power structures since the end of WWII. Today South Korea is the maker of some of the world’s favorite exports – from Samsung TV’s to BTS. But 75 years ago it was a much different story. How the ... Show More

Just about everyone in Argentina is an expert in inflation and whether they like it or not, economic flexibility. Can we learn from them? Over the years, we at Planet Money have checked in on Argentina as it tried to recover from economic collapse in 2001 and 2002, and as inflati ... Show More

Imagine a nation where, for the residents, land is for the claiming. You walk down the street, pick out a nice looking plot of land, and just plop down a marker. No rent, no taxes, no deed – just free land. That’s the communal system of property rights that governed a small Carib ... Show More

<p>This week&apos;s podcast is the full lecture 3 of the Principles of Economics online course, and its topic is Time! Find out why time is the ultimate resource and why all scarcity stems from the scarcity of time! Sign up to <a href='http://saifedean.com/'>saifedean.com</a> to ... Show More

<p>Join me on the podcast this week to discover how to bring more awareness to where you might be limiting yourself and your life experience. I'm sharing where this scarcity comes from, how you can create more abundance in any situation (and I mean <em>any</em>), what this work r ... Show More

<p>We discussed the idea of scarcity, the only real restriction to production being human time, the reason why human action is so important and the ridiculousness of simplifying human beings so they are assumed to act the same. We also talked about the reason why energy is such a ... Show More