Economics tends to focus on how certain policies can solve problems. I believe economists should adhere to a Da Vinci method. That is, when Da Vinci studied the human body he did not focus so much on how to fix the body, but how it worked. Economists focus too much time trying to fix the economy and not enough time building a set of principles that define how it works. If more economists adhered to a Da Vinci method I think better solutions would necessarily arrive.
from pragcap.com & cullen roche..
there aren’t enough positive things to say about cullen roche and he is dead on regarding MR.
So, what is the takeaway here… if you want to be better at solving problems you are better off learning how reality works rather than trying to fix it because until you have a basic understaning for the way that things work — how are you supposed to fix anything?
You want to be great? Don’t focus on your weaknesses. Study people who are great at what you want to be great in.