
309: Principles of Economics Lecture 1: Human Action
By Dr. Saifedean Ammous
Aired Jan 21, 2026 · 1h 2m · Last boosted Jan 22, 2026
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Starting this week, I'm releasing all the lectures of my Principles of Economics online course for free! This week's lecture explores economics as the study of human action and choice under scarcity, how humans act purposefully with deliberative reason, and why proper economic reasoning is based on understanding human action. Get all course notes and slides on saifedean.com/poecourse
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