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RE: The Economy through P. L. Bylund created by the Entrepreneur

in #economy2 years ago

While reading The Economy through P. L. Bylund created by the Entrepreneur, I found myself agreeing with the author more often than not. In an assignment like this, I sometimes find it hard to pick a definite side because it’s easy to both agree and disagree with certain statements or messages. However, I really couldn’t find anything I disagreed with or thought poorly of. What really stood out to me initially was this,

“The economy is neither good or bad, but fueled by our wants so you can imagine that it can take on many faces with of course sometimes it being ugly which can be in our nature sometimes.”

Our wants as humans are insatiable and it drives us truly mad. The economy is what we make of it as you can clearly see and I believe as a society we don’t have our priorities straight. For the most part, this world is want, want, want, and take, take, take. We need to be able to understand what truly matters and get back to our roots of sharing and growing prosperity. The consumer is the end-all-be-all, as stated in the essay, the consumer drives the market, and drives the economy. I enjoyed how the author really dove into what Bylund was saying about the economy, it’s truly one of the most complicated machines known to man. People spend years studying the economy, studying its past, present, and future. Yet it’s still ridiculously unpredictable, the reason for that is because in nature us humans are unpredictable just the same. So many factors go into our decision process when buying a product but none of us truly realize how the economy reacts and adjusts. The economy is an entity that puts what we want in front of us but we rarely think about how it truly got there. I like that the author talked about something as simple as cereal. The ingredients and time poured into it is baffling, we need to be able to take a step back and realize just how tailored everything is. One product takes an army to make and supports people/families more than we know. The everchanging economy is a beast to be wary of and I’m glad I could find truth & agreement in what Jake, the author, said.