AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (14 comments)

  1. PeakTrader

    “Make it more concise.”

    In economics, there’s often enough terminology and missing math steps on one page to expand it into another book or two.

    So, you can spend days trying to understand one page instead of reading a whole book or two :)

    1. Most people don’t have that much trouble with economics. What’s your problem?

      1. PeakTrader

        Most people don’t have that much trouble with economics, because 90% who apply for grad econ aren’t admitted, and 90% of those admitted, don’t complete it.

        I guess, my problem was I completed it (or maybe they gave me a degree just to get rid of me :))

        1. PeakTrader

          Economics works with “invisible” forces:

          “Economics cannot ascertain any clearly defined laws…These theories may contradict each other, but they may be proven true in certain cases or even at the same time.

          Unlike other scientists, economist don’t have special laboratories where they can create isolated models to test their hypotheses.

          A vacuum of the economy just doesn’t exist and cannot be created…to prove their hypotheses as easily as other scientists.”

          1. Economics works with “invisible” forces:

            It’s just a big hand.

          2. PeakTrader

            Someone once said the root of economics is about incentives. If true, the goal of economists is to maximize the net positive effect of the incentives.

          3. Someone once said the root of economics is about incentives. If true, the goal of economists is to maximize the net positive effect of the incentives.

            I thought the goal of economists was to observe and explain human action in society – including incentives. Economists as policymakers have been a disaster as far as I can tell.

          4. PeakTrader

            You’re delusional. Economists have been very valuable in macro, micro, international trade, etc..

          5. Heh! I’m not sure someone who believes the demand curve for labor slopes upward is is in a good position to call anyone else delusional.

    2. Walt Greenway

      If it’s concise, how it be more so? “More concise” is wordy. Would you say make it more better? :)

  2. These days, clear and succinct writing is frowned on in the academy, but the more verbose and incoherent, the more convincing most academics seem to find it.

    1. Why shouldn’t it be so, considering most people don’t read beyond the headlines these days. :)

  3. Dan in Philly

    In business, make things comprehensive and concise! Comprehensive because you must communicate the important things well, and concise because otherwise no one will read it.

    If it seems you must have an absolute mastery of a subject matter to achieve this, you are correct. Before you can communicate a thing with such clarity that every word is meaningful, you must know the true meaning of the subject!

    It goes without saying that much business writing isn’t done well, which is all the more reason to do it well, you can stand out.

  4. immigrant in ca

    The last item is key. As such all learning is just reading and math. Rest is application.

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