You Already Understand Economics

March 4, 2023

It happened again this week. An educated, accomplished professional said to me,

“I really don’t understand Economics.”

My standard response is,

“Of course you do. It’s something you do naturally all day, every day, without thinking about it.”

He said, “Tell me more.”

So I referred him to my short LvMI article which simply explains that

Economics Is About Scarcity, Property, and Relationships

Share

The Best of Michael McKay

Michael McKay retired from the financial industry in 2014. He then went back to school and is now advises the implementation of health improvement and self-care strategies. He’s also the author of Secrets About Money That Put You At Risk. He can be reached at [email protected]