Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
If you had 10 apples, maybe going to 11 apples doesn't matter that much. The marginal value is less. So what marginalism does, though, most importantly, is it opens the door to math and economics. Because it means you can graph this now. You can depict this relationship graphically.
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