Economics is the social science of cooperating and competing to overcome the immortal tyrant of time scarcity. In this never-ending struggle, one of our most important tools is mone...
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Economics is the social science of cooperating and competing to overcome the immortal tyrant of time scarcity. In this never-ending struggle, one of our most important tools is money—a socioeconomic emblem of human time. For centuries, time was the only absolutely scarce substance...