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January 24, 2020 

AmosWEB means Economics with a Touch of Whimsy!

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ABSTRACTION: Simplifying the complexities of the real world by ignoring (hopefully) unimportant details while doing economic analysis. Abstraction is often criticized because it's, well, it's JUST NOT REALISTIC. However, when done correctly (ignoring things that JUST DON'T MATTER), then the pursuit of knowledge is greatly enhanced by abstraction. For example, when travelling cross country along a high-speed interstate highway, a paper road map is a handy tool. It shows towns and cities along the way, the major intersections, rest stop locations, and other important points of interest. However, it ignores unimportant details. It doesn't realistically show the location of every tree, bush, or blade of grass. Why bother? This information won't enhance your road trip.

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APLS

RED AGGRESSERINE
[What's This?]

Today, you are likely to spend a great deal of time wandering around the shopping mall hoping to buy either blue cotton balls or a genuine down-filled pillow. Be on the lookout for the last item on a shelf.
Your Complete Scope

This isn't me! What am I?

More money is spent on gardening than on any other hobby.
"Wherever you go, no matter what the weather, always bring your own sunshine."

-- Anthony J. D'Angelo

FRS
Federal Reserve System
A PEDestrian's Guide
Xtra Credit
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