Econonmics ≠ Numbers

January 19, 2017

If I say “economics”, do you hear “numbers”? Thats the case with most people and actually most professors on the topic as well. I think thats not just a flawed perspective but plainly false.

If economics is the “study of the ways societies organize themselves to provide for the survival and flourishing of life”, then economics is just as much about telling stories as it can be about numbers. By the way, thanks to July Nelson for that great definition.

Econonmics ≠ Numbers