Saturday, September 16, 2006

Economists as Engineers

Today I was thinking about the fact that I mainly got into economics to understand how the world works, not to do policy or try to use the tools of economics to recommend how to change economic institutions, though economic policy was certainly of interest too. But mostly I just wanted to understand it all, like a kid taking apart a toy to figure out how it works. I was particularly interested in understanding how money functions and what affect changes in the money supply would have on the economy. I have no idea why economics interests me so much, but it does...more>>