Cartoon “Lets compromise”
German Post War Economic Miracle? Thank Ludwig Erhard!
By Kevin Judge | June 14, 2018 Think recovering from the last recession was tough? Imagine yourself in Germany after World War II! The country lay in ruins with 5 million military and civilian dead. The great German industrial infrastructure, once the envy of the world, was devastated by allied bombing. The country was divided… Read More »
Cartoon “My Business Model”
The “Great Recession” – Ten Years Later
By Steve Selengut | June 12, 2018 I thought you might be interested in some thoughts about the investment climate around the time of the “great recession”. You may find them disturbing, or enlightening, depending on where you think we are today. But two things are fairly certain… not a whole lot has changed, and a look to… Read More »
How many Marxists does it take to screw in a lightbulb?
Q: How many Marxists does it take to screw in a lightbulb? A: None – the bulb contains within it the seeds of its own revolution.
How many central bank economists does it take to screw in a lightbulb?
Q: How many central bank economists does it take to screw in a lightbulb? A: Just one — he holds the lightbulb and the whole earth revolves around him. Economists do it with models
How many conservative economists does it take to change a light bulb?
Q: How many conservative economists does it take to change a light bulb? A1: None. The darkness will cause the light bulb to change by itself. A2: None. If it really needed changing, market forces would have caused it to happen. A3: None. If the government would just leave it alone, it would screw itself… Read More »
The Laws of Economists
The First Law of Economists: For every economist, there exists an equal and opposite economist. The Second Law of Economists: They’re both wrong.
TOP 8 REASONS TO STUDY ECONOMICS
TOP 8 REASONS TO STUDY ECONOMICS 1. You can talk about money without ever having to make any. 2. Mick Jagger and Arnold Schwarzenegger both studied economics and look how they turned out. 3. When you are in the unemployment line, at least you will know why you are there. 4. If you rearrange the… Read More »
Why did God create economists?
Q: Why did God create economists? A: In order to make weather forecasters look good.