I used the price system to determine which problems were collectively the most valued and therefore tried to solve the problems that paid the most money.
I'd love to see a browser extension that allows this community to mark up existing news websites with other resources/arguments against. Similar to Rap Genius Web Annotator https://genius.com/web-annotator
A general understanding might help, but IMO knowing specifics is not necessary. I've known plenty of entrepreneurs that have little to no understanding of economics.
In addition, economics can get quite political. Again, a general understanding of why it's political can help here, but specifics are not necessary.