Unformatted text preview: there is no absolute rule that governs the values of everything. To fully understand people’s behaviors, we should not be too subjective. Instead, we have to make sure that we understand the diverse stand views. Another great instance that the book talks about is the choice between being a math teacher and marketing cigarettes. If we value the options through a capitalistic point of view, we definitely would pick marketing cigarettes as our priority. Nevertheless, if we make our choice via a more humanistic angle, it probably would not be surprising to see many pick math teacher as their career. In conclusion, although it is rational to state that people strive to make themselves better off, there are still a great variety of factors that need to be put into consideration as we process to better understand economics....
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- Fall '11
- Economics, Naked Economics, marketing cigarettes, fast developing world, diverse stand views