Mental Model Lollapalooza: Principles of Economics

The Building Blocks of Rational Decision-Making

Mental Model Lollapalooza

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Photo by Dominik Lückmann on Unsplash

Principles of Economics

Individual decision-making


Opportunity cost

Marginal returns



Mutual benefits of trade

The benefits of markets

Government involvement


Standard of living

Too much money printing equals inflation

Inflation Vs Unemployment

Two-track Analysis

How does Charlie Munger think about this in his decision-making?


Mental Model Lollapalooza Catalogue

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