“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.

Also see,

Craig Newmark

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

Related Articles

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

8

Too Much Fun And Rules Be Damned Saturday Open Post

Oh, boy oh boy oh boy. Sometimes there is just way to many good stories to capture the attention. Which

6

Just Because I Loathe CNN’s Rick Sanchez

I dislike Rick Sanchez intensely. Sanchez, like his CNN colleague, Jack Cafferty, was involved in a DUI hit and run,