"Economics presents us with a powerful, and not necessarily complex set of analytical tools that can be used to look back and explain why events unfolded the way they did; to look around and make sense of the world and to look forward so that we can anticipate the effects of major policy changes. Economics is like gravity: Ignore it and you will be in for some rude surprises" (Wheelan xxii).
It is often difficult to put a definitive definition on a word—extensive or concise. When I read this paragraph, the only thing I could do was to read it again. Summarized in two protracted sentences is the way I think of Economics. Though Economics is so significant in the world we live in today, I often completely forget about it. Economics is what holds are Country, no—our whole world, together. My favorite non-fiction book is The Tipping Point by Malcolm Gladwell. The book is about what makes things 'tip' per say—what makes things become popular or spread? Why did a certain kind of shoe become popular and why did such a bad illness spread quickly like HIV/AIDS. Gladwell explores these many points. If those shoes became popular in a certain way, what else is next? How can we anticipate what the next fad will be? This parallels Wheelan's point in the above paragraph—Why did it happen, and how can we predict what will come next?
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