While micro-economics has been a topic of serious discussion on the board, macro-economics rarely is -- and far less often is there a humorous take on the subject.
The students at Columbia School of Business did a parody on their dean (who was up for the Chairman of the Fed but didn't get the job) which you can see by going to this web site and clicking to view the "Every Breath You Take" option. Sound and video, but probably wouldn't get you in trouble in the workplace.
I thought it was hilarious, but then I'm more than a bit strange.
If I'm going to try to tie this into the theme of the board, I guess I wouldn't mind doing the backup singers -- all three at one time!
are bringing Greenspan out of mothballs,after Bush is impeached and Chaney is indicted, in order to restore the confidence of Donald Trump. Any comment,Dean? Seriously,Dr.LS, the CBS follies bit was very funny. Keep them coming,lord knows,we need more humor on this forum.
Well, many would say that it is an oxymoron -- but they don't/can't appreciate the subliminal trade-offs so inherent in rational economic systems. Except, of course, if we offer those trade-offs at a more basic level: How about 25 BPS versus $25 on AZ Peyton. The long term gratification of a 25 BPS reduction on, let's say, $300K on a loan vs. the wonderful short term gratification of a $25 less for Peyton. Difficult trade-off -- not for me, but for others?
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