Jinn's profileBangkokerPhotosBlogLists Tools Help

Blog


    July 09

    Short run VS Long run happiness

    This coming Monday would be the last day of my Macroeconomics class. I have to take the final test right after the second midterm in order to catch the flight back home on the next day.   
     
    After doing a pretty good job in Micro last term, I can't help expecting the same outcome from this Macro one thought it's kinda tough since 4 weeks  is not enough for me to digest the whole concept of Macro. However, I found myself really falling in love with this "dismal science" so much. Too bad this is just a short summer course, otherwise I would be able to take a closer look into it. To me, studying economics does really enlighten my little brain. Not only does it make me literate for the articles in the Wall Street Journal -- no, i'm not a subscriber of WSJ, I just get free copies from the apartment downstairs--, but it also gives me a guideline to overcome my old beloved enemy.
     
    "ANXIETY"
     
    Since I am a pestimistic person, who is always too worried and panic about things that haven't happened yet, in thai "วิตกจริต." Believe me, it does no good to me at all. This thoughts discourage me from enjoying any kind of happiness that I'm currently having. I'm always afraid that such a good moment would not last long and I will lose it someday.
     
    It's good to think about things in advance but maybe i put my focus towards the outcome of things in the long run so much that I overlook the joy I could gain in the short run.
     
    What I learned from my Macro class last week did really capture me. Though my problem is not quite relavent to the Keynesian Theory, there was something that gave me another approach to ease my anxious mind.
     
    In oppose to the Classical Long-run Model established by Adam Smith, John Meynard Keynes said:
     
    "So how long is the long run? In the long run we are all dead so who cares about the long run?"
     
    Thanks, Keynes. From now on, i'd rather take the value of the short-run happiness into my account and get the most out of what I'm blessed for today than be troubled with things that are yet to come.