Useful for opportunity cost, diminishing returns to income
Read MoreUseful for discussing taxes, public finance and personal finance.
Read MoreUseful for income inequality and charity.
Read MoreUseful for the financial crisis and principal-agent problem.
Read MoreUseful for FDI and development.
Read MoreUseful for GDP and the relationship beween income and utility.
Read MoreUseful for economics growth.
Read MoreUseful for matching problems.
Read MoreUseful for present bias or hyperbolic discounting.
Read MoreUseful for money.
Read MoreUseful for the concept of unlimited wants.
Read MoreUseful for poverty.
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