Economics, Module 0: The Constraints of Personhood

In explaining the regularities of an economy, of the conditions under which wealth can and cannot grow, we may begin with the fact that man acts purposefully—that is, he employs some scarce means to achieve some desired ends. This is typically called the action axiom, but I prefer to call it the action conjecture. As with many apparently simple principles in science and philosophy, the action conjecture and its logical consequences will take us very far in our journey to explain how wealth is created, how resources are allocated, and how individuals coordinate their idiosyncratic means and ends between each other and with their future selves.   Written version: https://conjectureinstitute.org/courses/economics/Economics%20Module%200.pdf   Discover more course modules: https://conjectureinstitute.org/university/courses