Economic readings (1)

Economic readings (1)

Book: Philosopher of Economics - Economy and Daily Life.

Author: Stephen Land Spearge.

Reading:

In november 1974, shortly after I arrived at the University of Chicago to begin my studies, the Wall Street Journal published a series of articles entitled "Ways to Break up the Economist." It was written by a man named Grath, who asked a series of very easy questions about everyday life, and thought economists would be unable to answer them.

That night when I gathered with my friends for dinner and we were all first year students and we were laughing at the articles of leeks, as our knowledge of economics is little and all his questions seemed to us easy.

And after nearly twenty years in which I have increased in knowledge and knowledge, and I believe that all of Grath's questions are complex and interesting.

The author says: Here comes his conception of economics

First, it is to look to this world with a sincere love of knowledge, reconnaissance and recognition that it is full of mysteries.

Secondly, try to solve these puzzles in ways consistent with the prevailing hypothesis that man is aiming for a particular purpose. It can sometimes be difficult to solve these puzzles, such as McGrath's, so we train ourselves by trying to solve similar mysteries in imaginary worlds of our creation that we call models.

The Economist is a collection of brief essays explaining how economists think, reviewing many of the issues we see as vague, why we see them as ambiguous, and how we seek to expose their ambiguity. The reasons for studying economics are multiple and all are good, but the reason the author tried to highlight in this book is that economics is a tool for solving mysterious puzzles, and solving puzzles is a great pleasure.

This book is a recording of a collection of ideas by economists in an era such as Mark Bells, John Boyd, Lauren Finston, Marvin Good friend, Bruce Hansen, Jim Kahn, Alan Stockman and others.

The chapters of this book are the world's vision of the world, most of which can be read without regard to order. In some chapters of the book there is a reference to ideas from earlier chapters, but those signals are not necessary to follow the flow of ideas.

The purpose of this book's ideas is to provide an honest picture of the way of thinking adopted by those in the mainstream of economics. Of course, there is always room to disagree about some of what is in the book.

This book applies economic logic to a vast range of human behaviors, so the author tends to exaggerate inclusiveness even if he risks making mistakes, because he believes that the laws of economics are universal, they do not differentiate on the basis of gender or race.