Why is the sky blue?

Sometimes we don’t fully understand or have forgotten the meaning of the things we take for granted.  I am sure we are all guilty of spouting off conventional wisdom as if it is proven and accepted by all.  The study of economics allows us to create more informed opinions and therefore have a broader understanding of the world around us.  So the next time somebody tells you that the sky is blue because it reflects the world’s oceans you know where they are coming from!

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