Economics is Fun- Trade

“When we consider the character of any individual, we naturally view it under two different aspects; first, as it may affect his own happiness; and secondly, as it may affect that of other people”.- Adam Smith

Dr. Madsen Pirie‘s series continues and he tackles the subject of how to create wealth by trade.

He poses a question, “How can we help make developing countries wealthier?”  His answer is brilliantly simple.  “Buy their stuff”.

Let us learn more by watching the short.

To continue the series, follow the link


About Christopher Hessenflow

Christopher Hessenflow is a financial planner in the Chicago area. He works with all sorts of people who are much more interesting than he is. He enjoys his career which lends him time to think and, sometimes, be creative. Chip was born bald.
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One Response to Economics is Fun- Trade

  1. Pingback: Economics is Fun- Specialization | Practical Praxeology

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