Unit 7 – What’s the Goal?

What is the goal of the economic system? What’s the point? For hundreds of years, the assumption behind Western civilization’s conception of the economy has been: Higher Income and More Goods to Consume. Coming from times when life was short, unhealthy, uncomfortable, and punctuated with starvation, this is easily understandable. But for the developed, industrialized … Continue reading Unit 7 – What’s the Goal?