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patnoon314 (December 31, 1969 at 5:59 pm)
when offered one snickers bar, you dont have to give up anything for the bar. when offered the snickers and mms you "give up" them to get the snickers hes sorta making fun at economic way thinking
dcspc (December 31, 1969 at 5:59 pm)
i don't really get the snicker bar thingy
buttonsputon (December 31, 1969 at 5:59 pm)
VOTE HEMP vote for economy with all of it's commodities!
Xharveen513X (December 31, 1969 at 5:59 pm)
arse
spikesmth (December 31, 1969 at 5:59 pm)
Awesome... when I'm taking my econ exams I always think of it that way... It's the only way I can connect the theories we learn to why the world doesn't look anything like the theories.
tangshanjige (December 31, 1969 at 5:59 pm)
the man in the vedio is the most stupid man in the world
crueltyinc (December 31, 1969 at 5:59 pm)
"tenure track"
darkstar1one (December 31, 1969 at 5:59 pm)
What does he say: "that kind of sloppy thinking will never get you a [something] position"?
bimmjim (December 31, 1969 at 5:59 pm)
Fire all the employed economists and give their jobs to the unemployed economists.This economic model cannot continue to function therefore we must do such things as redifine GDP. Replace the concept of externalities with the idea of natural capital. Tax money made by speculation higher and higher to reduce speculation.Eliminate short selling on the futures markets.(Or explane to me how it is not just gambling)Or in other words just remake the model so that it fits reality.
NeonKnight88 (December 31, 1969 at 5:59 pm)
inflation is the increase in the money supply period.Price/wage levels cannot increase in the longterm without an increase in the money supply no matter what "expectations" are except with a decrease in the amount of goods relative to the money supply or an increase in the money supply relative to the amount of goods. Otherwise there will be liquidity problems. |