Good day and I hope you are having a great day. For today’s
post I am taking a note from my real life experience going through school as an
adult. I am taking some economic courses as part of my MBA study and some of
the topics discussed as tenants of economics got me thinking about what I have
allowed to enter my subconscious mind as truth that may or may not be helpful
to me.
As I recall, when I was in high school, I took the word of
the instructor or the text book as gospel without question. I dare to say I
kept on with this habit well into my medical education. This time around, I
have the benefit of experience to the contrary.
Since I am a student of The Law of Attraction, I have a hard time
accepting some of the core economic concepts like “Scarcity” and “Production
Possibilities Curve” which state that as
we demand a certain product or service, the resources to make another product
are depleted so there will be less of that product available. Another words there are opportunity costs for
producing one product versus the other.

From experience I have learned the value of financial
education. Here however, I need to add
an important caveat that it is important to learn the financial education and
test it in the real world and not just be satisfied with the classroom
education. I recall reading somewhere
that in the early 1950’s the director of the U.S. Patent office declared that “everything
that could be invented has been invented”.
How ludicrous that idea sounds now in hind sight? I wonder if a day soon will come that we will
look at the basic concepts of modern economics and declare “how closed minded
we were to accept them as solid truth” much like when people “knew” for a fact
that the world was flat at one time in our history.

Remember in life YOU make the rules. Also remember that weather you believe this
or not you are right. That is the law of attraction. How cool is that? I hope this post was of benefit to you and as
always please feel free to share it with anyone who can benefit from it. As
always please comment with your opinions and views on my Facebook page and
follow me on Twitter. Until next week, to your success.
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