The way to understand economics is by telling yourself, "It's all about the price."
Go to the supermarket. Cow milk is 6 bucks a gallon? Try soy.
Oranges 3 bucks a pound? Try apples.
And so on.
A million dollar car might be safe and cool, what with the gun turrents and all, but I couldn't afford one.
A thousand dollar car might be good on gas, what with the fact that it weights 400 pounds. But get in an accident and see where you are.
That is economics.
As Meryl and co talked about in "The Iron Lady", the best place to learn econ is in a supermarket. That's what I do.
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