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At the end of 8th grade, the Principal had given me his validation. My friends,
family, and teachers all rejoiced at the fact that I had obtained the grades
required to study the sciences in high school. This would, in turn, allow me to
take the first step towards my dream. The only problem, however, was that the dream
was never mine, to begin with. Nevertheless, I was streamed into what was
considered to be the 'academic' and 'intellectual' path. During the next three
years, I kept rowing forwards, learning to think objectively, a sort of thinking
which was hitherto unknown to me. I learned to love the sciences, achieving top-
notch grades and unending applause. The 'reckoning', as most of my teachers would
call it, came when I stumbled upon a book about home economics in my leisure time.
To me, the book itself was not as fascinating as the concept of the book. By seeing
the processes of the home analyzed objectively, I began viewing my own home as a
sort of business. The monetary flow into and out of the house, the similar patterns
of behavior of the house, the profits and the losses of it and how the decision
making abilities of the managers affected its overall cachet in society. When
looking at it from those perspectives, the realizations were truly remarkable.
After using the house as a basic model, my cognitive progress towards thinking
about the economy as a whole was inexorable. The basic model proved to be a
valuable tool for greater analogies. Almost any macroeconomic concept could be
simplified using the home as an example and, for the most part, the model gives us
knowledge based on the scientific method, a knowledge that is valid and reliable.
Studies relating to business and economics, therefore, are scientific inquiries,
requiring as much appreciation as any other scientific knowledge.