Principles of economics, translated
Uploaded by: yorambauman
Video Description:
"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.)
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AAAS AIR Bauman Economics economist Mankiw Mankiw's of Principles stand-up translated Yoram
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I love this guy - I've even seen him live - he is AWESOME (and a Climate Change Economist - so extra kudos there).
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Nothing less than brilliant. His points seem to describe our society perfectly.
Its like taking those principals and looking at it from a hilariously ridiculous yet not exactly untrue perspective.
If you don't understand the humor then you are simply ignorant to the fundamentals of economics and judging by your demeanor you're probably some high school dropout loser, you should probably stick to entertaining yourself through less intellectually demanding material.