Tag: economics humor
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14 Ways an Economist Says I Love You (Or Why Economists Should Not Apply to Hallmark)
fosslien.com: Economist Says I Love You Give your loved one a nerdy Valentine and they'll be yours forever! Why? Because if you give them diamonds/cufflinks this year, anything you get them next year will fall short. Give them one of these and anything they receive next year will be a step up. It's called expectation…
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Who Says You Can’t Make Money Writing About Economics
Check out this book at Amazon: Banking Theory 1870-1930 (History of Banking and Finance) Sorry Amazon, but if I buy this book, it will be delivered by a Brinks truck and not USPS.
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Government Versus the Market for Technological Innovation
Source: World of Technology And this helps illustrate my skepticism about trusting government programs to innovate better solutions to our problems regarding renewable energy and healthcare.
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Elisha and Commodities Futures (2 Kings 7)
Here is an interesting economic lesson on supply, demand, and market prices from the book of 2 Kings, Chapter 7. (HT: Freakonomics) Just to set the scene, Samaria is under siege from Aram. Famine has set in. Food prices are exorbitant. Cannibalism has begun: 2 Kings 7 1 But Elisha said, "Hear the word of…
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The Colbert Effect
Some profound economic analysis from Harvard of the Colbert Effect.
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Economic Trend?
(Source: Awn) Those who know me know I have frequently alluded to Wile E. Coyote as the quintessential metaphor for my existence. Life often feels like a game of anvil dodgeball. I'm currently using this pic as my avatar on Twitter. I love this "chart."
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Some Economics Humor
Greg Mankiw is an economics professor at Harvard and the author of the leading introductory economics textbook. He organizes the book around ten principles. A year ago, an economic humorist (no, that isn't an oxymoron) named Yoram Bauman broke down the real meaning of Mankiw's principles. Great stuff! I particularly liked… Microeconomists are people are…