Economic Lessons

Aggregate Demand

Aggregate demand is an economic measurement of the total amount of demand for all finished goods and services produced in an economy. Aggregate demand is expressed as the total amount of money exchanged for those goods and services at a specific price level and point...

Fractal Politics 2

Fractal Politics The evolution of digital technologies and the evolution of contemporary society and politics have facilitated fractal thinking.  It is fairly obvious that technology innovations can facilitate cultural and political innovations, which in-turn...
12 Economic Concepts

12 Economic Concepts

Twelve Economic Concepts Everyone Should Know 1. Gains from trade: In any economic exchange, freely chosen, both parties benefit–at least in their own minds. 2. Subjective value: The value of any good or service is determined by the individual human...