SOLUTIONS, IN EVONOMICS, IS A FALLACY MAINSTREAM ECON SOLD TOU. LETS GO ELEMENTARY FOR A BIT: What is Economics: ”Economics is the study of human behavior as a relationship between “ends" and scarce means, which have alternative uses.” - Lionel Robbins. Breaking it down: 1. How humans react to different outcomes or expectations, with regards, 2. Ullnlimited wants (ends) and scarce means (limited resources to acquire these wants), and , 3. These resources have alternative uses. Hers an illustration of all three👇🏾👇🏾👇🏾 1/4 #Economics #PublicPolicy #EconomicThought #TradeOffsEconomics101 #PersonalFinance #FinancialLiteracy #DecisionMaking
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