James Otteson — What Are The Seven Deadly Sins of Economics?
The Curious Task
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How to Achieve the Most Important Things in Life
"We do have limited resources, and we do have goals we want to achieve in life," he says. "Once you realize that you can't achieve all of them because your resources are limited, well, then what you have to do is start thinking, okay, well, I want to dedicate my resources first to the most important thing." He adds: "I think not making a mistake we frequently make is not to really think hard about the relative ranking of our goals"
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