Assumptions

Economics, and other sciences I suppose, hang certain theories on assumptions.  For example, we might assume that we want to increase the purchasing power of individuals because we assume that they'll use that power to increase their well-being.

Sometimes these theories are debatable and worth analyzing.  For example, we assume that enriching people is better than making them poor, but are people in poor countries necessarily less happy than people in rich countries?

 When it comes time to make decisions, we may need to ask ourselves what assumptions we are making when we make our decisions.  When I make spiritual decisions, I am assuming that God knows what is best for me and for everybody that is affected by my decisions.  And based on the assumption that the Book of Mormon is true, the Prophet Joseph Smith and his successors are inspired by God and I should strive to follow their counsel.  With all of my heart I believe that these are correct assumptions, and I am yet to regret making a decision that was based upon these assumptions.

Cool econ article involving assumptions