And to me, foundational things are principles.

They're algorithms.

They're deep-seated, logical understanding where you can defend it or attack it from any

angle.

And that's why micro-economics is important.

Because macro-economics, a lot of memorization, a lot of macro-bullshit, as Nassim Taleb says,

it is easier to macro-bullshit than it is to micro-bullshit.

Because macro-economics is voodoo complex science meets politics.

You can't find two macro-economics to agree on anything these days, and different macro-economics

could use by different politicians to peddle their different pet theories.

There are even macro-economics out there now peddling something called modern-mind theory,

which basically says, hey, except for this pesky thing called inflation, we can just print

out the money that we want.

Yes, except for this pesky thing called inflation.

That's like saying, instead of limited energy, we can fire rockets off in this space all

day long.

It's just nonsense, but the fact that there are people who have macro-economists in their

title and are peddling modern-mind theory just tells you that macro-economics as a so-called

science has been corrupted, it's a blanchor politics.

So you really want to focus on the foundations.

The ultimate foundation are mathematics and logic.

If you understand logic and mathematics, then you have the basis for understanding scientific

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