Here is the English translation of the given content: My thoughts on economics

Author: Wang Dingding
Publisher:
Publish Date: 2003-08-01
Features: The articles collected in this book were written by the author between the summer of 1996 and the spring of 1997. Perhaps because they are not "academic," they are closely related to the author's "thoughts." This was a significant period of change in the author's personal history, during which the meaning of freedom in the author's life was starkly revealed by the conflict between the university system and the author's pursuit of knowledge over the years, to the point of causing pain. This book reflects the author's economic thinking on some everyday issues. For example, from the issue of consumption, the article "What is 'Diminishing Marginal Utility?';" from the cost of international long-distance calls, the article "Across Mountains and Rivers, No Letter"; from miscellaneous thoughts on healthcare system reform, the article "Life is Precious, but the System is More So," and so on, showing the big picture from small details. Some come from personal life, while others come from social life. It serves as an enlightenment for the masses. I think, and thus "economics" has become the form I understand and contemplate it, which differs from—and is not entirely equivalent to—what others understand as "economics." It's like if you have never seen "red," no matter how many times you read the word "red," you will never grasp its meaning. Similarly, without your personal, unique "economic" experience, you cannot truly understand what we generally refer to as "economics." Many economics students or postgraduates in universities do not grasp this principle. As a result, their "economics" is either unthinking economics or not "their economics," at best just their professors' economics.

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