One of the big take-aways from a lot of economic theory is that people should engage in consumption smoothing.

In short, humans are programmed to get bored.

All's fair in love and purchasing.

The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day.

You work hard for your income, and that hard work is what fuels the economy.

Economics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring.

As people do a task, they improve at it.