Economists Do It With Models

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Entries Tagged as 'Just For Fun'

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It’s Funny Because It’s True, Unemployment Rate Edition…

May 13th, 2013 · No Comments
Econ 101 · Just For Fun

I should have known that sending that sending Zach Weiner that copy of Mankiw would come back to bite me in the ass… Given how the most widely cited unemployment rate is calculated, the cartoon is technically correct. On one hand, not counting people who are not in the labor force as unemployed makes sense- [...]

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Just For Fun: The Real Reason The Austrian School Is Against Minimum Wages…

February 18th, 2013 · 21 Comments
Just For Fun

One common feature of those who proclaim themselves to be aligned with the Austrian School of Economics is the opposition to most forms of government intervention in markets. It follows logically, then, that Austrians are generally opposed to minimum wage legislation. I think I’m beginning to understand why: Pretty much all economists can agree that [...]

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Some Economic Humor For Your Day Off…

January 21st, 2013 · 2 Comments
Just For Fun

I have yet to give a complete rundown of Economic-Con in San Diego a couple of weeks ago (pro tip: don’t pick an exhibit booth that no one can find), but I can safely say that the humor session was one of the highlights. Here is Yoram Bauman, the Stand-Up Economist, talking about “Hyperinflation in [...]

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With Great Power Comes Great Responsibility, Daily Show Edition…

January 12th, 2013 · No Comments
Just For Fun · Uncategorizable

So people didn’t seem to care for Jon Stewart’s coverage of the trillion dollar coin. First, the case in question: The Daily Show with Jon Stewart Mon – Thurs 11p / 10c The Trillion-Dollar Coin www.thedailyshow.com Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook So, Ryan Cooper thought “it [...]

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On Adam Smith Versus Physicists And Monkeys With Dart Boards…

January 11th, 2013 · 12 Comments
Economic History · Just For Fun · Uncategorizable

Sometimes I feel like the comics I come across are written just for me… …especially since this came out as I was putting together my lecture slides for the first day of Econ 101. I really want to point out how this comic is inaccurate, but the only counterargument I have is that Adam Smith [...]

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Tags: Economic History · Just For Fun · Uncategorizable