The Bitcoin Standard Podcast

318. Principles of Economics Lecture 9: Trade

Dr. Saifedean Ammous

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0:00 | 1:00:51

Ninth lecture of Principles of Economics explores trade as voluntary exchange that benefits all parties, explaining subjective valuation, absolute and comparative advantage, and how specialization and the division of labor raise productivity, cooperation, and civilization.

Get all course notes and slides on saifedean.com/poecourse