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The Myth of "True Value"

Lecture no. 3 from the course: Thinking like an Economist: A Guide to Rational Decision Making

The Myth of "True Value"

Taught by Professor Randall Bartlett | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Put your new tools to work by examining a central conclusion in economic thinking: that rational individual choices can—even though they might not always—produce socially efficient results, where no person can be made better off without harming another.


February 22, 2016