Economic theories… things happen

Economic theories explained in about 3 minutes by Yoram Bauman, http://www.standupeconomist.com.

Of couse he has a PhD in economics…

 

Some explanations here: http://www.economistsdoitwithmodels.com/2012/03/05/st-happens-even-in-economics/

More videos here: http://www.youtube.com/user/yorambauman

I came across all this by a post on http://anticap.wordpress.com/2012/03/06/st-happens/, thanks, David F. Ruccio.

OK, sometimes we don’t have to make jokes about economic theory, we laugh directly about it…

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