An Economist’s Guide To Avoiding A Life of Misery - Erik Angner
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- Опубліковано 10 чер 2024
- Erik Angner is a King’s College London professor of philosophy, researcher, and author known for his work in ethics economics and decision theory.
Economists are usually concerned with macro trends. Money, finances. But they also have data-driven insights into what makes a happy, fulfilling life. Plus Erik is also a philosopher, so he manages to blend two murky worlds into a very usable life approach.
Expect to learn what economics says are the 4 pillars of living a good life, why everyone hates philosophers, whether all old Japanese people should kill themselves, why economists get such a bad wrap, how to maximise your happiness from an economic perspective, whether there is a difference between men and women's happiness, how to break your addiction to material possessions and much more...
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#happiness #economics #philosophy
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00:00 Why isn’t Economics More Sexy?
08:17 Common Misunderstandings of Happiness
12:00 Is Too Much Immediacy a Negative Thing?
16:43 Do People Not Have the Time to Have Kids?
20:20 Can Money Buy Happiness?
28:30 The Importance of Goal Regulation for Satisfaction
38:03 The Role of Inequality in Happiness
44:41 Is it Normal for Young People to Experience Depression?
48:40 Does Race Play a Part in Happiness?
52:49 Impact of Siblings & Good Health on Happiness
1:05:13 Where to Find Erik
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Hello you beauties. Access all episodes 10 hours earlier than UA-cam by Subscribing on Spotify - spoti.fi/2LSimPn or Apple Podcasts - apple.co/2MNqIgw. Here’s the timestamps:
00:00 Why isn’t Economics More Sexy?
08:17 Common Misunderstandings of Happiness
12:00 Is Too Much Immediacy a Negative Thing?
16:43 Do People Not Have the Time to Have Kids?
20:20 Can Money Buy Happiness?
28:30 The Importance of Goal Regulation for Satisfaction
38:03 The Role of Inequality in Happiness
44:41 Is it Normal for Young People to Experience Depression?
48:40 Does Race Play a Part in Happiness?
52:49 Impact of Siblings & Good Health on Happiness
1:05:13 Where to Find Erik
Your bro-science hypothesis was on point Chris. The cost of everything in the US right now is high, to include having a child, so our immediate gratifications are outweighing our long-term gratifications. This ideology isn't feasible long-term for anyone.
collapse
End the fed
This is such a wonderful conversation. Thank you
Both of my sons have Autism and my youngest needs 24/7 care. He just turned 28 and we transitioned to a group home setting for him.
This conversation is a huge help for me. I am 51 and have a whole world open to me... And I don't know what to do.
Thank you again for this
Erik is expressing wisdom when he is satisfied with mediocrity in most areas of his life. He still aims to be excellent in some narrow selected pursuits, but he understands a person cannot be excellent in all fields.
As for how you choose your field of excellence, well that is your choice. But you may find you have a natural talent in some area. So choose that area to be excellent in. Settle for sufficient mediocrity in other areas, and be happy.
Economists of happiness, Satisfaction matter, Focusing on personal growth, relationships, and pursuing passions is a much healthier approach to life. It's all too easy to get trapped in the rat race, Let's break free from the misery trap and embrace personal growth and meaningful relationships.
A decade ago, I was unemployed and have never been more miserable. Today, I also don't have a job, and haven't had one for 2 years. And yet I'm happier than ever. My lack of happiness was never about the lack of work, but the lack of money. When my unemployment ended and I got a good paying job, I started saving more than half my salary, and invested it to generate passive income. Now I no longer need to work, and I fill my days with things that for me are much more meaningful than working.
Great conversation.
Cool story, unfortunately the amount of money needed to invest to reach that level of returns is huge. Nobody is passively investing their extra income and making huge returns. Your story is missing something OR entirely made up
@@chrism8180 No, the amount needed is not huge at all. But most people think it is. I'm not even a millionaire. My net worth is about 300K. The key to succeeding is low expenses.
I love how he just goes straight into the conversation.
How right he is 37:30. Progress, improvement and being truly great at something is made by paying attention to right details and not to every detail.
Thankyou Chris ! For all that you do ! You are making a positive impact !
Congratulations on 1 million subs Chrissy boy 🎉
When people start calculating whether having children or not is a good idea, we are doomed.
Not true. We were having a decline in births prior to the Baby Boom. People don't understand that the boomer generation are a product of the times. Human population ebbs and flows continuously.
They should be calculating to determine they can afford it
@@wyleecoyotee4252 No, you should get as many white babies as possible and adjust life accordingly. Just as our ancestors did for millenias
@@stigcc
Why only white babies
I feel like if someone does "philosophy and..." they immediately have my ear. They understand logic and break things down so well.
There are countries in Africa, where the people have little, relative to people in the US, yet are generally "happier", than people in the US.
Good episode and interesting conversation
Cheers Chris
As always a great interview, very insightful 👍
I find it interesting to hear the opinion of European's regarding the American health insurance and parental leave norms. I've always felt that we are just closer to our frontier roots than Europe and expect less of our governments in the form of social safety nets. It was only a couple generations ago that we had none of the programs we have today.
The plan is and has always been to creep in gov’t programs into healthcare and everything else. Once healthcare is nationalized they will come after food next. We need to turn away from Europe and embrace markets more not less.
Do you ever sleep?
Dang, it's like one great interview after another... thanks man.
Under promise. Over deliver The equation needs to be light on expectations; and high on persistance
This video by nerdy Obi-Won has been an eye opener. Who knew Ewan McGregor is so smart?
The first five minutes? Umm, you guys missed what it is to be old, about the process of letting go. There comes a time when money and productivity doesn't matter or cannot be achieved no more. Chris, you should have some old souls on your podcast.
It was worrisome, when you both mixed pleasure with happiness. Kids don't make you less happy, though you can lose some momentary pleasures. And while happiness can be ambivalent time to time, we nowadays suffer from being addicted to momentary pleasure, instead of the long run happiness.
My life got so much better when I realized I’m much more likely a statistic, not an outlier. An no one is an outlier in every metric.
Pursue in action but not in intent seems like the answer to maximize happiness. Zero expectations, maximum effort and appreciation for the results you get.
Libertarians have the positive advantage I think of understanding that the underpinning principal of economics is one of mutually positive value exchange, the more you make for people the more they will be willing to do for you. If you want a society where everyone is doing as much as possible for eachother, economics is a good lens for that, Left right or center.
I too played a lot of basketball from 13 to 19, and picked it back up at 37, i'm 7 months in, and still lucky, fingers crossed
Love that John Henry song
Plan for the future but live in the moment.
Great, interesting, as always. However I was hoping to hear something on the topic of rich giving back to society, as in purposely making yourself poorer in order to make more meaning to that accrued capital, connection to personal happiness - is it "more blessed to give that to receive" or "no good deed goes unpunished" etc. Other that that, super
This should be taught instead of 5 wasted years of English grade 9 - college. Was able to write reports by 8th grade.
If I didn’t have kids I would be dead or in jail by now. It kept me on the level.
Enjoyed the interview and gained a lot of insight, but he's clearly not a family man.
professor antony davies, is another great economist to talk to, he has a great podcast called “Words and Numbers”.
19:28 - I don't know how true this is. I mean, I know that it's better in other countries. I'm just saying that my wife was home for four months and she could have stayed home for six months she just wanted to go back to work. And losing health care benefits was never an issue because we were already on mine. I guess it's only really an issue if you are a single mom and the father isn't in the picture. As it turned out, I wasn't working a typical 925 and I had the opportunity to shift to later in the day. There was really only about an hour a day, 4 days a week where we needed childcare and luckily, we had family nearby who could step in to help. You make it work. As less than ideal as it is right now it's still better than it was for our parents and even our grandparents.
Chris could you please split your channel out into a full length videos and separate clips, I keep missing new longer podcasts like this as it's hidden among other clips from other episodes that I've already seen 🤔
I, too, wish those with podcasts could somehow separate the short clips from the full-length episodes. It now seems to be the norm that those with podcasts have both mixed together, and viewers have to comb through the uploads to look for whichever format it is that they're interested in.
@@TaraChisman For this channel I actually found a way, if you click on his channel name, there is a "podcast" playlist page with just the longer episodes, no clips, so much easier to browse...
I just wish I could subscribe only to this playlist, and not the whole channel, that way in my subscription feed I only get notified when it's a new episode :)
@@kygo Thank you, I will check out that playlist! :)
I'm not rich but I have everything I need. Not everything I want but everything I need. I should have more money saved than I do but we'll be fine. We have one kid. We wanted two but life carries on, you reassess how old you are, and take a different path. We have a great life as it is. Our kid has done everything with us. The travel, the restaurants, the socializing with extended family. I've never put a pricetag on that. If we can't afford to do it together we don't.
My brother never wanted kids but he has one now. He would constantly complain about how early she woke up in the morning. I said, "You put her to bed at 6:30pm, how long do you expect her to sleep?" He said, "yeah, we just need some adult time." I said, "my adult time is a good night's sleep. The rest is family time" I've heard and seen this a lot from other people and from friends. Too many people want children as an accessory and still live something like a childless life. Don't do that.
And honestly dudes, parenting is hard for the first 4 to 6 months when they're still infants and you're still getting the hang of it. Spend time with them, treat them like the family they are, let them know they are loved not just by you but by their extended family and the rest is easy.
Can't add link to comments . Don't know why
Yes and yes. I don’t know how you know, but you do…
Do economists' happiness models take the hierarchy of needs into account?
Brahms was reputed to have been terrible at organizing his life and home. Three weeks without a maid would have left him with an apartment that he either couldn't have gotten into or out of.
OMG. Storage. This guy knows how to hurt a guy. I have come to realise I either have a hoarding problem or a storage problem. And another shed is not going to fix or even clarify the problem. I am 67yo and for most of my life I have lived in rented accommodation so did not accumulate too much stuff. Twenty years ago I moved into purchasing a house and stuff has blossomed. I am now working hard to reduce my stuff without creating regrets by throwing away stuff I later find that I want. It's a tough gig.
I feel like the thumbnail and the way this guys mouth is snapped is too spot on to believe it’s not on purpose lol.
There is a broad economy around the aging population.. Homecare,transportation, pharma
Warm ups are stupid it’s all about priming movements😏
What obligation does one person have to improve the happiness of another, or of all others? What if improving the happiness of others isn't a required duty, but a voluntary opportunity?
watching tv makes you more happy than having a kid... I call bs
30:00 be a jack of all trades but a master of one.
The reference that having a kid costs $300,000 before college seems extremely high, and is likely only accounting for one child. Costs per child go down for each child you have, since you can re-use supplies for each child, and likely doesn’t account for gifts from baby showers. I’m guessing whoever came up with that number was trying to dis-incentivize having children.
Japan instead of mass 'seppukku' , Japan should start a massive space program using elderly volunteers for risky space travel, colonizing the moon etc
Anyone got a summary?
plz
To ask the question, "Why is it an improvement to our lives to have children?" is a sad reflection on the state of the values of present day society. Put simply I think "having children" is the central and main purpose of our lives. To even ask why is to show there is a disconnect with reality.
That's a stupid assertion. The first problem is that purpose doesn't exist. You can rationalize that all animals have offspring so therefore that is the purpose of life. Well a lot of those animals don't make it and also some(male bears for example) will kill the cubs because the female won't breed if she has cubs. There's also a hierarchy within many animal groups where only select individuals get breeding rights. So within this sloppy system, how is having offspring the sole "purpose".
You live in a world that is detached from "reality", your every day practices and customs are entirely unnatural. Think of shaving, haircuts and even bathing. How about mining iron ore, to create a bunch of metal doo-dads. Or laying miles of pipe for water lines, and miles of wire for electric. Roads and cars. Look around you, and ask yourself how detached you are from reality. We are communicating through a screen via text, how "real" is that?
Disagree, so much is pushed to us (by that I mean women) that children are only a cost, we need to consciously choose to explore this to counter the lies.
@@jackdeniston59 Having children is not a lifestyle choice to be analysed to decide yes or no. Reproduction is an instinct, it is our DNA, literally. Children do not "cost", they are a gift which enriches those lucky enough have them. Sorry, I think I misread your meaning. Are you suggesting that the idea that children have a cost is being pushed on us? If so I agree. And we must understand this so we can view children as a gift to be highly appreciated.
@@mayflowerlash11 Not a ¨suggestion¨ observed reality. What do you do to counter this? Ideas please.
@@jackdeniston59 Bugger. I just wrote about 300 words in reply and the bloody Internet lost it. My suggestions would not have been popular so I'm reluctance to go through that effort again.
Short version. Feminists in the 60s achieved their goal of equality in the work place. They got jobs. Families became dual income. This has two consequences. 1. House prices go up because a couple can afford a more expensive house. 2. One or both parents spend less time at home giving the children a quality upbringing. The kids are told they are perfect, know everything, have rights and are the centre of the universe. When they leave school kids find this is not true. Much disillusionment. Poor behaviour as adults. Society is worse as a consequence. Third consequence. Govt collects more income tax (while big business is busy avoiding their fair share) so they encourage dual income families, even though they spend more on prisons and police.
We need to get back to families with one breadwinner and one child raiser. We have to appreciate and reward that child parenting aspect (how I'm not sure)
Anyone else notice that this man is Malcolm Gladwell's vocal doppelganger??
I keep hearing this word "meaning"......
It is supposed to be the thing that we can in exchange for making sacrifices. It is supposed to be worth attaining. Sounds great! But...what is it? How do you know if you have it?
If I were to ask myself "does my life have meaning?", I'm not sure if I have an answer. Possibly not. But, I don't feel like I am missing anything.
On the topic of children, my suggestion would be to spend a week or so babysitting the young children of a friend/sibling, and see how that feels. You might find it very rewarding, or you might find it utterly unbearable. But it will be valuable information that could help you shape your life.
I think sacrifice has to have a selfish angle to it. If you invest in something with no payoffs it will not work. That said, I think having kids with the right partner and proper commitment is one of the best selfish sacrifices one can get, but it should not be an expectation for everyone.
16:08 this doesn't explain why there is an inverese correlation between higher income and fertility rates though (and education). People with less money tend to have more children, not the other way around. Car payments, rent and finances are not the issue -- it's something else.
Besides, at least in a Western/"WEIRD" context, the kind of people who work 60-80 hour weeks don't lack financial resources, but they do lack time because, often, these are dual-career middle-to-upper-middle and college-educated professionals, so their problem is that both parents work too much to have time to raise children. At least that how it seems to me anyway.
I get the sense that the professor here might have in mind young people of the particular social millieu he likely runs in (college-educated professionals). But, in my circles (non college- educated lower-to-lower-middle and working class), the women tend to either work part-time or not at all, so they tend to have more children as a result, usually 2 or more kids on average. One of my cousins has 6 kids, and all of my aunts/uncles had like 5+ on average, and all of them fit the above pattern!
Right?
In regard to wealth redistribution as a mechanism for increasing happiness, what is the economic algorithm that maximizes happiness producing wealth? Does the marginal increase in happiness caused by charity to the poor equal or exceed the marginal decrease in happiness caused by the tithe paid by the rich? Or is charity a win-win situation where both the giver and the receiver are happier? Which is the happier situation, voluntary charity with a grateful recipient, or involuntary taxation with a sullen public assistance recipient?
It is clear why there are diminishing returns with increased wealth. You have not taken into account time.
In two ways. Everybody has exactly the same amount of time each day, 24 hours. Being richer does not increase this number. Secondly, the amount of time you have until your inevitable death is decreasing one day, every day. Being richer will not extent this time by a significant amount.
So at every moment we trade off making more money against enjoying the time you have.
Really enjoyed this episode and I desperately strive to take forward the positive messages and mindset that you espouse going forward.
I'm really struggling at the moment with huge life decisions to not think negatively (do I have kids and give up the freedoms and travel I so enjoy) This cynical mindset was handed down by my Dad and I find it so hard to shrug off myself even with many things in my life going well for me.
There's a lingering frustration of underachievement within me which this episode does provide some lessons on. I need to set achievable goals, go after what I'm good at and appreciate the goodness in what I have. My partner is religious (and I am not) and she does find solace in that religiosity you speak of, but it isnt for me.
Oh and apologies for the occasional no-shows on the guestlist back in Newcastle 2007-2010!
What if his mediocrity is someone else's "best?" Not everyone's best will be on the same level. When he first said this, I immediately felt sorry for him, but a couple seconds later I had the above thought. It seems like its a depends on how happy or satisfied someone is with THEIR outcome.
36:35 dude, i dont know if telling you this is being an ahole, but you could easily automate that on excel
The irony is that these figure heads are at the root of most people's misery, unbeknownst to them
Disagree with being satisfied with mediocre. Set your goals too high, but give each goal a 5-10 year timeline of hard work then when you fail look around and see where you're sitting. You'll be in a position you never would've reached otherwise and you'll know your potential, genetically or otherwise with no regrets.
@57:04 to merge two ideas: child birth (@16:43) and happiness in modern societies, hospitals and modern medicine (ex., vaccines) and knowledge about health (ex., nutrition and infection) make having children much less deadly and debilitating than 200 years ago. infant mortality and maternal mortality have plummeted. also, IVF and knowledge about fertility have allowed women and men to plan to have children more optimally in life.
thus, families have to deal with death less and quality of life has increased in modern societies, which should have contributed massively to happiness.
I ❤ Rothbard. Why are people always dunking on economics?
It's the only dicipline you can win a Nobel prize in without being right
Hmm. I'm not sure I believe all these research studies into happiness. So much depends on your definitions and even more on the questions you ask. Yes, children are tiring and constraining of your time and can be expensive if you let them, but nothing can equal the happiness of sharing the moment with my little grandson this morning when he discovered his toes!
Which brings me on to another subject touched on here, the "burden" of the elderly. Grandparents evolved for a reason, to help care for grandchildren, many of the difficulties modern families face is because this support is lacking.
We are living longer and should expect to work for longer, but there are also ways we contribute to the economy besides providing free childcare and caring for the extreme elderly. Many social organisations rely on the retired to volunteer and give their time to run them. Without this, they would either be prohibitively expensive for young families to use or simply cease to exist.
Chris, you need to interview more people with families, preferably women, and some of the happy elderly.
I keep things in perspective. That we are richer than any who have come before us. Even people in 3rd world countries have easier lives than our ancestors. I think people are depressed due to feeling insignificant or not understanding how they have value in a society that is so specialized if they have no specialization. But I’m really not sure
This guy is good but Should have got Aaron Clarey
20:45 Money cannot buy happiness, but it can sure buy things that can make you happier.
Anyone who is deluded enough to think they have "too much money to be Happy" can send me a pile. Been laid off since before COVID. And nobody wants you wants you once cross 50 yo.
Over 25 years experience and have sent probably thousands of resumes without even a phone call.
1. Never borrow money
2. Never get a credit card
3. Live within your means
4. Invest only in commodities, land, or property
Is this opposite day?
Borrowing is extremely useful when done right.
Some people do very good work, investing in that is strong.
Find better ways to manage risks than sticking your head in sand. You will be stronger.
@@Machine_State Yes borrowing is useful however IF done right and you need to possess hindsight for that IF to be viable.
@@gyrate98 🤡
4: If you invested in stocks instead of land 100 years ago you would be 100 times more wealthy
Is that the summary of the video or your own list
His point about the US's lack of government-mandated parental leave and single-payer healthcare impacting our birth rate is provably false. The US has a fertility rate higher than the OECD average, most of the members of which have these policies.
Is it really the population is destiny? Here are 30 countries with the highest population growth and their respective GDP per capita and GDP growth: 30. Papua New Guinea 2.31% US$3.020 4.16%
29. Republic of Congo 2.33% 2.290,38 6.2%
28. Gabon 2.39%8.635,33 1,5%
27.Venezuela 2.40% 15.975,73 -3,9%
.26. Sierra Leone 2.41% 480,04 4,1%
25. Ethiopia2.42%925,08 5,6%
24. Togo2.45% 973,21 5,3%
23. Burkina Faso2.46% 893,0822. 6,9%
22. Somalia 2.49% 446,98 4,0%
21. Senegal 2.52% 1.636,89 6,1%
20. Nigeria 2.53%2.065,75 3,6%
19. Guinea-Bissau 2.54% 795,12 3,8%
18. Sudan 2.55% 751,82 -1,9%
17. Mozambique2.55% 491,84 2,4%
16. Liberia2.71% 675,66 5,0%
15. Cameroon 2.73% 1.666,93 3,6%
14. Guinea2.75% 1.189,18 3,9%
13. Tanzania2.75% 1.099,2 4,3%
12. Zambia 2.86% 1.137,34 4,6%
11. Mali 2.93%873,79 3,1%
10. Chad 3.05% 685,69 -1,2%
9. Democratic Republic of Congo3.13% 577,21 6,2%
8. Uganda 3.22% 883,89 3,5%
7. Benin 3.31% 1.319,15 7,2%
6. Angola3.34% 1.953,53 1,1%
5. Equatorial Guinea3.36% 7.506,67 -0,9%
4. Burundi3.59% 221,48 1,8%
3. Niger 3.66%590,63 1,4%
2. South Sudan 4.78% 1.071,78 -10,8%
1. Syria6.39% 533,39 -3,9%.
Out of 30 country only 5 countries (17%) managed to have high GDP growth, and 6 country (20%) have their GDP floundered. China, in 1980s, after launching one child policy, managed to have on average 8% GDP growth annually. People who glorify population growth, don't know what they are talking about.
One of 7 kids #6. Moved away LE career, ur friends can be ur family more than blood. The rest stayed close very co-dependent, over share, manipulative, borrow $ parents& older now. I am happy duin my own thing, dog mom, enjoy time alone, minimalist. Siblings still trying to find themselves haaaa over 40! 😂
You had 7 kids and only 1 was self-sufficient enough to move away and they chose a tyrant, cough, I mean, law enforcement career? Looks like YOU should try finding yourself again because being a mother wasn't a good fit for you.
Ok
I dont know, dudes. I think crypto and all these ICOs are just a bubble. Well, crypto is good for transfers and so on, but I dont engage in trading and staking either. Its too risky. My friend recently lost $5000 there. I invest crypto in real business
My view on having children: a person grows up having gone through all the hardships of growing up that every human being goes through (I won't go into specifics such as someone growing up in poverty, someone in an emotionally difficult family, etc.), finally reaching a stage of life where he is independent, stable, strong, healthy, full of energy, able to earn, has the potential to afford himself enjoyment... And why should the best life a person will ever have be undermined by having a child?!? Is it for that child to repeat the same routine: the pains of growing up in order to give birth to his child at the best moment when he is finally able to enjoy life, and thus into a senseless circle??? F that! There are enough other people who will have children. Those who have the qualities to achieve something better should not get trapped in that senseless circle.
Do you exist because your parents were trapped in the sensless circle? 🤔
@@pjurko Yes. If they had not dedicated their time, effort, work, and self-sacrifice to our upbringing, they would have lived much more relaxed, peaceful, and comfortable lives.
In my 30s, two kids, started relatively late. I know what I write here might be triggering for you, but I feel compelled to respond:
The issue here is that you believe that not having kids is "achieving something better" and it's all a "senseless circle."
If you believe that, then yes, that's all it will seem.
But you're also talking as someone who hasn't had kids. A wise man once said, "Don't knock it till you've tried it." Yet, I don't think that appeal is the right one here. In your case, I can clearly only appeal to the ego (so I'll meet you where you've at):
Without a doubt, you're leaving so much on the table not having kids. Without a doubt. Whether it's 10 years from now, 30 years, or on your death bed. You'll look back from that lonely existence and think, "Why didn't I take the leap and have kids?" "Why didn't I continue my lineage."
No one I know with kids regrets it. EVERY person I know who's older and in later life without kids regrets not having kids. And you can check all the studies you want to prove this accurate. Or watch the many podcasts where Chris Williamson has discussed this with an expert.
After all, having kids IS the reason we're here. It's also the way you find meaning outside of selfish me-centric pursuits. Many fantastic people have built great communities, great companies, great projects whilst building a family.
Reading what you've written is sad. I feel for you and for others that share the same selfish philosophy. I imagine what I've written here won't change your mind, but perhaps this impassioned diatribe might make someone think when browsing these comments in a few years time. I wish you the best.
@@filmmakinglifestyle while I think there may be a sliver of truth here, I also think you're missing something. There's a thing called "post-purchase rationalization". It's when a person buys something, doesn't like it or isn't quite what they expected, but will overlook the things they see wrong with it in order to justify the purchase. Now, having kids is a little different but the principle still applies. You will overlook all the bad about it because there's no putting it back after the decision is made, and you have to do the best to raise a living thing. Not that any parents would admit it, but just seeing what my friends who have children go through and having to "grin and bear it" sends a message loud and clear.
@@filmmakinglifestylealso how exactly is having kids "selfless" and not a "me-centric pursuit". You aren't doing it as some virtuous act, you are doing so because you want to, because that's the life you want. Live and let live
Economists are about as accurate as astrologers. So very clever AFTER the event.
Don't be socialist. Don't be communist. Have third parties pay for as little as possible.
This is how we maximize wellbeing economically
you`re 100% right in many ways
Really because to me economics is more associated with pointless data harvesting, guesses, and ohh yea pseudoscience.
It is a religion
@@stigcccult, but then religion is just a widely accepted cult
The amount of botox in this man's face is very distracting