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Mark Hornshaw

Focus on People During Economic Crises, Not Macro-Statistics

March 26, 2020 by Counter Markets

By Mark Hornshaw Economics studies human choice under scarcity. Humans must act in the present to provide for the future. Informed choice relies on market data in the form of prices—specific prices for specific things, as we assess various different means to satisfy our ends—that is what economics is about. Macro-statistics such as GDP and CPI, whether they are rising or … [Read more...] about Focus on People During Economic Crises, Not Macro-Statistics

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