More...
I’ll give you a hint…via @joshorton:
I’ve been waiting a long time to be able to relate economics to Animal House, so I am very excited about that right now. What I am not excited about is, well, the job numbers. From the Bureau of Labor Statistics:
Nonfarm payroll employment was unchanged (0) in August, [...]
Tags: Economic Growth · Macroeconomics · Policy
Obviously I should have been noodling on the debt downgrade last night, but I put this out instead:
In order to begin a discussion about government spending, let’s compare two scenarios:
Scenario 1: Let’s call this the “eat what you kill” scenario, although the government would prefer to call this the “balanced budget” scenario. In this scenario, [...]
Tags: Macroeconomics · Policy
I’ve never really disputed the perception that economists are socially awkward/eccentric/autistic/etc., myself included to some degree. Personally, I have a particular knack for completely ruining jokes by adding something of the form “actually, *insert random fact here that indicates that the joke is technically incorrect*.” I’m a joy to have at cocktail parties, [...]
Tags: Economic Growth · Just For Fun · Macroeconomics
You may have noticed that Mitt Romney got a lot of flak last week for making an “I’m also unemployed” joke at a speech in Florida last week. Most of the people who are ranting are doing so on the grounds that Romney’s joke was insensitive and that he, with his hundreds of millions [...]
Tags: Econ 101 · Macroeconomics · Policy
My friends are very good at looking out for me and my nerdy interests. For example, my friend saw a t-shirt with this graphic and decided to ask the wearer some follow-up questions:
Unfortunately, my friend was discussing economics, and the poor kid that he was talking to (as the story is told to me, [...]
Tags: Econ 101 · Just For Fun · Macroeconomics
