Why Economics Matters

From The Art of War to the Science of Economics

Why Economics Matters Seminar
Matthew McCaffrey

How can The Art of War help you think like an economist? Because resources are scarce we have to put the goods we do have to the best use. Sun Tzu understood that war is destruction and resources must be preserved. The only good war is one won without fighting.

Recorded at the Mises Institute in Auburn, Alabama, on 20 June 2013. Includes an introduction by Mark Thornton.