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What The Hell Is An Economy? - Eric Johnson

Episode Summary

The economy is a complex system made up of markets, currency, government regulation, and a legal framework in order for society to flourish and thrive. The economy drives innovations in technology, which improves everything in daily life from farming and agriculture, to the manufacturing of goods. It’s all driven by the same thing that drives a great deal of other human endeavors... Faith. The entire system uses faith as fuel to drive consumption of products and services, which produces confidence and ideas for more products and services that help us as a society get by a little easier than we did last... well... maybe a lot easier than we did last year, and certainly the year before!

Episode Notes