Principles of economics, translated
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"Mankiw's 10 principles of economics, translated for the uninitiated", by Yoram Bauman, http://www.standupeconomist.com . Presented at the AAAS humor session, February 16, 2007. For the record, the talk contains two unattributed quotes ("9 out of 5" is adapted from a line attributed to Paul Samuelson---although apparently he said it about Wall Street indices, not macroeconomists---and "wrong about things" is paraphrased from P.J. O'Rourke's Eat the Rich) and, of course, the Einstein "simple" quote is an intentional misquote. The talk is based on a published article in Annals of Improbable Research (see http://www.improb.com/airchives/paperair/volume9/v9i2/mankiw.html ), which sponsored my talk and to which you should subscribe (http://improb.com/subscribe/ ). In the paper you can see the "constructive example" of how trade can make everyone worse off (or you can just wait 50 years to see what happens with climate change). More info and other clips on my website (http://www.standupeconomist.com ), and please sign up for my email list. (No spam I promise.)
Comments
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the bit about trade and government is actually pretty deep
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Wish I could pass my upcoming exam but just using the translated principles
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How much is your 60D ?
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As funny as this is, it didn't help me at all lol
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Economics is shite.
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Haha, this is great! I love the humor.
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Just met this guy today with my high school economics class and I was impersonating Kool Aid Man's ~"OH YEAAAH!"~ for answers!
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This was shown at my economics class hahahaha
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Just finished listening to his newest material. Buy his books!
(so I don't have to). Then, when the supply exceeds demand, I can come in and corner the used Yoram Bauman book market at a discount! -
This is the funniest 5 mins of stand up ever
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My econ professor showed this at the beginning of his 1st lecture. Classic lol
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Shudve finished with a song ! A cupla verses and choruses of " the ballad of Merton & scholes " ( to the tune of ' big rock candy mountain '), or mad wee Milt's classic " it'll all come trickling down ". Would've made me laugh !
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I'm going to think about this lecture every time I eat a snack bar.
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Have to admit Professor Dr. Dr. Mankiw is one pretty smart guy; his $325 required textbooks kinda prove it.
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haha great
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I think this "Aldi Palucio" forgot to read the top 10 principles of economics "number 3. People are stupid." But then again he makes number 4 incorrect: "People aren't that stupid". But then again maybe I never went to "Aldi Palucio's" college to "Understend" grammar correctly... :D
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You're right, he needs to go back to elementary school.
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Yeah. I agree too.
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Pretty funny! LOL my micro teacher recommended this.. Imagine that Haha
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I wish he was my lecturer.
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