Do Economics Apply In Your Life?
26. Jul, 2010 
1 Comment
Does the science of economics have real application in your life, or does it seem like a topic reserved for college professors and “experts?”
The word economics comes from the Greek words oikos (pronounced ee kos) meaning home or house, and nomos, meaning name, organization, or management.
To the Greeks, an “oikonomos” is a manager of a home.
Economics isn’t about charts, graphs, interest rates, and index funds. It’s about what you do on a daily basis to create a profitable, thriving, and sustainable home life. It’s about learning to create value for your family.
An oikonomos is a producer in his or her own home before and above all else.
The science of economics, then, is much closer to home that you may have thought.
Be a wise and productive steward of your home and that will be reflected in society. Be the economist in your life.
Very interesting and thanks for sharing. I have just had an epiphany, and according to dictionary.com, the definition I am relating to here is this: Epiphany – “An intuitive grasp of reality through something usually simple and striking”.