Three Things To Know About Economics (Before Watching the News)

1. “The market” is just people.

2. “Prices” (including tuition rates, interest rates, etc) are just information about peoples’ preferences.

3. Anyone who wants to jack with markets or prices is someone who wants to jack with people and information.

James Walpole

James Walpole is a writer, startup marketer, and perpetual apprentice. You're reading his blog right now, and he really appreciates it. Don't let it go to his head, though.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.