Economics in One Lesson in the 21st Century
Economics21stHow to understand economics through one simple lesson.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
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| Issues | 96 | Founded | 3 years ago | Last Issue | 2 months ago |
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economics21st.comLatest Issues
A Game of Cards (4)
I’ve written in this short series about how we can understand the economy by analogy with a card game involving a group of players using 3 decks of cards — purple, green and pink. The cards represent what each person owns, is owed and owes....
A Game of Cards (3)
In the last 2 articles, I’ve argued that a card game, involving 3 special decks of cards (purple, green and pink) is an excellent analogy for the economy, because it’s both accurate and easy to imagine. A player’s cards represent their bala...
A Game of Cards (2)
Last article, I said that a card game, involving 3 special decks of cards (purple, green and pink) is a good analogy for the economy.
I want to be clear — this is a big claim I’m making here. People sometimes compare the real world to a ga...
A Game of Cards (1)
Real world → theory → communication
Economics can seem quite overwhelming. There are so many objects of so many different types (houses, cars, bikes, loaves, apples, books, pencils, plates, knives, saws, chisels, lamps, multimeters, fa...
Is Money a Veil Over Barter? (1)
When people use money for buying and selling, is the economy fundamentally different from a simple barter economy1? Or if we looked at the movement of the goods and services, would we find that behind the “veil” of transactions involving mo...
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Authors
The writers behind this newsletter.
Amateur economist (since Jan 2008), based in UK. Background in maths and software development, including OOAD (mathematical modelling of the real world).
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