“21 Economic Models Explained”


Part of this will be familar to econonerds, but there’s a lot that’s new.

SOCIALISM
You have 2 cows.
You give one to your neighbour.

COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.

. . .

A FRENCH CORPORATION
You have two cows.
You go on strike, organize a riot, and block the roads, because you want three cows.

Craig Newmark

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

Related Articles

3

Global Warming Belief Really IS A Religion: Now With Miracles!

The Environmental (mental being the operative word) Left, in their embracing of the hoax commonly known as Global Warming â„¢,

5

Meghan McCain’s Latest: Too Stupid Not to Comment Upon

Just hearing her name causes me pain and normally I wouldn’t waste a minute’s time worrying about what this vacuous

12

Obama Throws White Half Under the Bus. Again

The New York Times apparently thinks they have a scoop by revealing that Barack Obama is *officially* black. You would