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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: November 30, 1999 at 12:00 am
Author: yorambauman

Length: 05:21
Rating: 4.8135095
Views: 991118

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

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Video Comments

IlirMr (November 30, 1999 at 12:00 am)
The logical contradictions have been exposed in Alex Gheg's video. Just ask 2 simple questions. What is quality? What is convenience? One equation can explain it all. youtube.com/watch?v=2c4mvGekYZY
nadolsw2010 (November 30, 1999 at 12:00 am)
w w w .youtube.com/watch?v=jbkSRLYSojo
nadolsw2010 (November 30, 1999 at 12:00 am)
@lee0122333 I know, right? As proof, we can just look at the rate of technological and scientific progress since the advent of the Industrial Revolution (modern capitalism) or the effects of capitalism in the developing world
lee0122333 (November 30, 1999 at 12:00 am)
@kingkongwong007 or you can do something good for humanity.
lee0122333 (November 30, 1999 at 12:00 am)
the problem with economics professors, namely the best ones, is that theres no discussion of whether money is good for humanity or bad. the top economics professors are propogators of a system which has benefited themselves. really sad, because then maybe we wouldnt have a for profit system which delays science and exploits human life.
lee0122333 (November 30, 1999 at 12:00 am)
@kingkongwong007 be a greedy banker.
thesadmanshope (November 30, 1999 at 12:00 am)
@kingkongwong007 u cud go into politics or business
cenedywong (November 30, 1999 at 12:00 am)
after i watched this video, my insight is very open because the video is very good to give information Principles of economics, translated
Melehete (November 30, 1999 at 12:00 am)
I am very happy to see the vidoe after you give this Principles of economics, translated
anakmudajaman (November 30, 1999 at 12:00 am)
I Love The Video It Can Increase My Knowledge 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).
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