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Principles of economics, translated

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"Mankiw's 10 principles of economics, translated for the uninitiated", by Yoram Bauman, http://www.standupeconomist.co... '>http://www.standupeconomist.co... . 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/airchive... ), 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.co... '>http://www.standupeconomist.co... ), and please sign up for my email list. (No spam I promise.)

Channel: Comedy
Uploaded: February 25, 2007 at 11:24 pm
Author: yorambauman

Length: 35:20
Rating: 4.79
Views: 470462

Tags: AAAS  AIR  Bauman  Economics  economist  Mankiw  Mankiw's  of  Principles  stand-up  translated  Yoram  

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Video Comments

kombajndosalatek (October 8, 2008 at 12:13 am)
dude.. please.. ;]
NeonKnight88 (October 7, 2008 at 8:09 pm)
Phillips curve is a lie, see zimbabwe, see america in 1970s
larslowther (October 6, 2008 at 3:02 pm)
That's a very naive approach to trade. Reality shows otherwise, despite what economic theories tell us about how people won't trade unless they're better off. Go to the point "People are stupid" and we have our basis for how trade can be bad.
larslowther (October 6, 2008 at 2:59 pm)
Study your philip's curve.
mcmurfee (October 2, 2008 at 10:03 am)
these nerds have to shut up. they are extremely in to this conversation...its not that funny.
theo26787 (October 2, 2008 at 9:45 am)
Mr. Skouras is the best!!!
454305 (September 30, 2008 at 12:55 pm)
Mr Skouras kicks ass!
thparadox (September 29, 2008 at 8:51 pm)
Really? I'm having trouble understanding this.. Maybe you could give me some examples?Oh wait, here's one. You give me a moronic comment to read on youtube, which makes me 2% dumber. In exchange, you find out that you're a douchebag. Everybody wins.
NeonKnight88 (September 25, 2008 at 11:41 pm)
seven and ten are false
TPorter72 (September 24, 2008 at 5:19 am)
pretty good stuff

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