paulsinnerchild wrote:
I use money as an example. I cannot avoid thinking of money in concrete terms like hard cash, food on the table, land and material possessions. But economists are for more abstract. They think of it in terms of GDP interest rates and dividends, negative gearing, options and swaptions etc; often use jargon that goes way above my head.
Paul
That happens to me too. I didn't understand "capital" until I understood it was just money used for businesses or whatever. Then I guess I'm a concrete thinker.
marcus-AS wrote:
I am highly abstract and can mix and merge things on planes that other people just cant think.
What do mean by that? Could you give an example for us concretes?