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A sideways look at economics

Zooming out

17 September 2021|

Trying to understand the world can often feel like you're trying to put together a jigsaw puzzle but can only see two of the pieces at the same time. You stare at those two pieces alongside each other. If you think that they fit together then you put them to the side. If you don’t then you try again. The whole thing takes a long time and at the end of it all, you still only have a bunch of paired pieces rather than a completed puzzle. It would be a lot easier if you could look at more than two pieces at once, because then you could spot patterns and imagine how the pieces fit in the bigger picture. If you could see all the pieces face up on a table alongside each other, you might be able to make the obvious matches straight away and build whole chunks of the puzzle rather than just a bunch of pairs. (After starting with the corner pieces, obviously.)