Introduction

Since the first reading was the introduction, I could tell that the author kept it very simple. He gave us many examples of the long-term effect of various situations. The one example that stood out was the extended stays at hospitals. The example showed how economists in general think of the whole instead of the one, a basic rule of economic thinking. It also showed the application of that economic thinking. The thought provoking examples really got me interested in what the author has in store for the following chapters.