The Economics of Christmas
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The Economics of Christmas

I’m all for starting educating young, but sometimes people get a bit silly about it. It isn’t that complex economic models don’t matter, it’s just that for a little kid they’re simply not going to make sense, even if mentally they’re capable of understanding the basic concept. Teach them about dinosaurs, poetry, and basic chemistry, instead.

↓ Transcript
KID: Santa Claws, I'd like a new bike for Christmas!
MITTENS: What happened to your old one?

KID: I got too big for it.
MITTENS: Oh, so you were irresponsible with your growth and now you expect me to bail you out?

BEARD: What is he doing?
HOBO: Shooting down Keynesian economics to a six-year-old.

  • UnderWat

    uhhh… I think you mean neoliberal (or neo-classical, depending on who you ask)… Keynesian economics calls for controls on business, so that bubbles like in 2008 don’t happen….