Jeff Wang Blog

I’m probably like most people around my age that live on the West Coast in Canada:

Liberal–at least socially.

Scorns at hate crimes and racial bias

Low-key panicking about global warming and the inevitable doom of our environment

Cares about charity and curing poverty

And probably have a few not-to-kind things to say about Trump

But a part of me realizes that I complain too much

The inner economist realizes that the world isn’t as black and white as we’d like it to be. And the world doesn’t care about opinions or complaints; the world cares about facts, data, statistics, and results.

“If morality represents how we would like the world to work, then economics represents how it actually does work.” – Freakonomics

The great thing about studying economics though, particularly if you also study politics and behavioral economics, is that you begin to understand the world a lot better. You begin to grasp the concept of incentives, of society, of the rationality (and irrationality) behind human decisions.

I think it would be a disservice to myself if I didn’t continue my passion for studying economics, as well as the “moral” aspect of the world. Maybe then, in the future, I won’t need to be talking about the pressing issues of the world; instead, I’ll be able to discuss the solutions we can apply to fix those issues.