Episode
318. Principles of Economics Lecture 9: Trade
- Podcast
- The Bitcoin Standard Podcast
- Published
- Mar 24, 2026
- Duration seconds
- 3651
- Processing state
not_requested- Canonical source
- https://www.buzzsprout.com/1849151/episodes/18891006-318-principles-of-economics-lecture-9-trade.mp3
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Summary
Ninth lecture of Principles of Economics explores trade as voluntary exchange that benefits all parties, explaining subjective valuation, absolute and comparative advantage, and how specialization and the division of labor raise productivity, cooperation, and civilization. Get all course notes and slides on saifedean.com/poecourse