Most people understand the world through emotions

Think that effort will be rewarded, think that fairness should be realized, think that good people will eventually win. These are all wishes, not mechanisms
Economics teaches you to see something else:
Not just effort itself, but which value chain the effort enters
The same hard work, doing execution in a shrinking industry, versus being a key node in an expanding industry, the results ten years later are incomparable. Effort is fuel, the value chain determines what kind of car you drive
Don't look at slogans, look at who bears the costs, who takes the benefits, who sets the rules
Behind every policy, there are answers to these three questions. Behind every market fluctuation, there are also. Feelings are feelings, but understanding something requires first answering these three questions clearly
Don't focus on short-term gains and losses, look at the long-term compound interest structure
The essence of compound interest is not the return rate, but the product of time and structure. If you enter the wrong structure, even the highest return rate is linear, or even diminishing
Upgrading from emotional judgment to structural judgment is a leap in thinking, not just accumulating knowledge
Before understanding economics, you are being priced; after understanding, at least you know who is setting the price for you, and whether you can change to a different table