What is Economics?
Matthew Hennessy, author and Wall Street Journal deputy editor, talked about his book on the value of free markets, “Visible Hand: A Wealth of Notions On the Miracle of the Market.” Here he offers a simple definition for Economics.
Description
Matthew Hennessy, author and Wall Street Journal deputy editor, talked about his book on the value of free markets, “Visible Hand: A Wealth of Notions On the Miracle of the Market.” Here he offers a simple definition for Economics.
Bell Ringer Assignment
- How does Matthew Hennessey define economics?
- What does he mean when he says an “environment of scarcity”?
- Why does he believe that learning about economics could help in our daily lives?
Participants
Vocabulary
- Economics
- Scarcity
- Trade-offs