Sunday, December 7, 2014

Emma Tyler, Epilogue, Question #2

In the epilogue of Naked Economics, Wheelan writes "The remarkable thing about economics is that once you've been exposed to the big ideas, they begin to show up everywhere" (325). Coming to the close of this novel, I have found that economics is everywhere and it affects my everyday life. Additionally, in the epilogue I saw how economics can affect my future, the future of the US, and the future of the world. For example, on a personal level, if economics is used in some way to rearrange the education system, like Wheelen discussed at one point, then I will have to deal with the outcomes of that decision if I have children someday whom I put into that system. Or speaking on a national level, if the US doesn't get it together and figure out a way to pay back our enormous debt to China, and pay for the expenses that come with the aging population of Baby Boomers, we will be in a huge economic mess. And even regarding the status of the entire world, good economic choices can affect the development of currently impoverished countries and make them the new "Asian Tigers," well, rather the "African Tigers." I have learned from this book that economics affects my everyday life and my future in a huge way.

No comments:

Post a Comment