Article 305GE To Be A Happy Person, Understand Marginal Utility

To Be A Happy Person, Understand Marginal Utility

by
from from FEE on (#305GE)
Story Image

I can see why two generations of economists, from the 1870s-1910s, were in a total meltdown frenzy over the concept of marginal utility. This is an idea that can save the world. I have a theory that if you understand it, you will be more civil. More friendly. More subtle and understanding. You will understand yourself and those around you better. It underscores the sheer complexity of human decision-making and shows why governments are utterly incapable of wise management of the world.

External Content
Source RSS or Atom Feed
Feed Location http://feeds.fee.org/FEE-Freeman
Feed Title from FEE
Feed Link https://fee.org/articles/
Reply 0 comments