Economics?
I’ve been known to read a few Economics books from time to time. I’m often given strange looks, the kind I’d imagine getting for reading smut or filth. To me, Economics is a holistic form of Maths, illuminating society’s actions. I’m weary of the loss of the individual when looking such big picture, but when done well Economics is all inclusive, for all, not exclusive, fragmented or isolated.
Below’s a great quote from Economics in One Lesson
“Now few people recognize the necessary implications of the economics statements they are constantly making. When they say that the way to economic salvation is to increase credit, it is just as if they said that the way to economic salvation is to increase debit; these are different names for the same thing seen from opposite sides. When they say that the way to prosperity is to increase farm prices, it is like saying that the way to prosperity is to make food dearer for the city worker. When they say the way to national wealth is to pay out governmental subsidies, they are in effect saying that the way to national wealth is to increase taxes. When they make it a main objective to increase exports, most of the do not realize that they necessarily make it a main objective to ultimately increase imports. When they say, under nearly all conditions, that the way to recovery is to increase wage rather, they have found only another way of saying that the way to recovery is to increase the cost of production.
It does not necessarily follow, because each of these propositions, like a coin, has its reverse side, or because the equivalent proposition, or the other name for the remedy, sounds much less attractive, that the original proposal is under all conditions unsound.”
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