
I have a hard time ignoring economics.
It is challenging.
It is fascinating.
Sometimes, it is infuriating.
It is never, ever boring (to me.)
But is it practical? I think it is, and it is not. (From what I gather, economists love to give those kinds of answers.) Consider an analogy to fuel economy. In the short run, you can only tweak so many more MPGs from your current vehicle. But in the long run, you can switch to a radically different vehicle, or move so you can use altogether different forms of transportation: subways, bicyling, walking, etc. In the same way, I’m betting the more you understand economic reality, the more you can shape your own economic reality.
Anyway, if you are just here for the tips & tools you can use today, don’t despair. Our baby is due to be born in the next few weeks, and there won’t be as much time for economic ramblings. I’ll try and organize most of my economic thoughts in one more big post, and then we are back to tips & tools. *
(* unless I can present economics in a way that is immediately practical to everyone.)
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Isn’t paying attention to the economy “tips and tools we can use today?” The title of your blog is financial ramblings - and that’s what you are doing, rambling on about finance and the economy. Don’t apologize - it’s your blog, you can ramble if you want to!
Hehe… well, it is my little research notebook, but it is also a place where I get some useful comments, so I don’t want to get too imbalanced. I doubt I can go cold turkey. Hence the asterisk.
But I can do a much better job of providing context.