Rockstar
Joseph Heath Joseph Heath Keynotes

As a professor of philosophy, Joseph Heath's speeches are, not surprisingly, grounded in...

Keynotes.org Need Inspiration?

Get inspired by our collection of 2,000+ keynote speaker videos and 100+ courses of innovative content.

Joseph Heath Discusses People's Naive Mistakes About the Economy

By: Jaime Neely - Published: • References: thelavinagency and youtu.be
In this speech, Joseph Heath, the author of four bestselling books, discusses common fallacies about the modern economy. Joseph Heath believes that economics is an area that fosters a wide range of fallacies that often lead individuals to engage in fallacious patterns of reasoning and behavior.

Joseph Heath uses the concept of a transaction to shed light on the naive understandings possessed by so many today. He notes that people too often dismiss or forget the fact that a transaction consists of two parties, namely the seller and the buyer. He explains how people should be much more aware of the implications this presents; there is always a rationale behind someone wanting to buy or sell a stock. He identifies this as a fact that is very commonly overlooked in international trade, and urges society to become more economically literate.