Saturday, April 19, 2014

Everything you need to know about economics in 297 words

Ezra Klein writes This graduation speech teaches you everything you need to know about economics in 297 words. "In 2011, Thomas Sargent won the Nobel prize in economics. But in 2007, he gave a graduation speech to Berkeley undergraduates that still stands as one of the greatest, shortest introductions to economics — and to life."

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