Perseverance, like everything, is good in moderation.
The funny thing is that the recent popularization of economics, all the Freakonomics books (Dan Ariely, Tyler Cowen, Tim Hartford, Robert Frank, Steve Landsburg, Barry Nalebuff), is summed up by Steve Levitt when he said he likes solving little problems rather than not solving big problems. Thus, economists still don’t understand business cycles, growth, inequality—but they are big on why prostitutes don’t use condoms, or sumo wrestlers cheat in tournaments, or why it is optimal to peel bananas from the ‘other’ end. It’s better than banging your head against the wall, but I don’t think anyone spends the first two years in econ grad school to solve these problems.
Perseverance, like everything, is good in moderation.
The funny thing is that the recent popularization of economics, all the Freakonomics books (Dan Ariely, Tyler Cowen, Tim Hartford, Robert Frank, Steve Landsburg, Barry Nalebuff), is summed up by Steve Levitt when he said he likes solving little problems rather than not solving big problems. Thus, economists still don’t understand business cycles, growth, inequality—but they are big on why prostitutes don’t use condoms, or sumo wrestlers cheat in tournaments, or why it is optimal to peel bananas from the ‘other’ end. It’s better than banging your head against the wall, but I don’t think anyone spends the first two years in econ grad school to solve these problems.