Uploaded by Lina Abdou

ECON108 Day1

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ECON108:
Day 1
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Tests and exams don’t have anything to do with exams, it is all about PERSONAL WORK
Do not trust experts
Symmetric effect
why do we get demotivated by advice from experts/successful people
If you go to college you earn about 2M dollars more than the identical version of you that did
not go to college
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Research inflation
He teaches about massive misunderstandings that led to the bad ugly stuff like wars and
inflation
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Raising wages DOES NOT CAUSE INFLATION APPARENTLY????
Would our economy be better without money? (Instead of money, we sell/buy using old
fashioned exchange)
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Did the microscope become evil after seeing the bug?
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