313. Principles of Economics Lecture 4: Labor
Feb 17, 2026•47 min
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Episode description
Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work never disappears, and how voluntary labor and capital raise the value of human time.
Get all course notes and slides on saifedean.com/poecourse
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