EPISODE · Sep 9, 2020 · 3H 21M

2. Capitalism Microeconomics: Role of wealth in human life

from The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism · host George Reisman

The role of wealth in human life. “Scarcity” and the limitless need for wealth. The law of diminishing marginal utility and its reconciliation with the limitless need for wealth. READINGS Reisman: Chapter 2 27 von Mises, Human Action: pp. 257-326 [von Mises, Socialism: 289–313, 395-403, 452-453] Samuelson: Optional: Chapter 1

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