Tuesday, August 11, 2015

Keynesian Economics, explained

A parable:
Krugman and Bernanke are walking down the street and see a pile of dog s***. Bernanke says “I’ll give you twenty thousand dollars to eat that pile of s***.” Krugman does it, gets paid, and they keep walking. After a while they see another pile of s*** on the road. Seeing an opportunity for revenge, Krugman says “Tell you what, I’ll give YOU twenty grand to eat that pile of s***.”
Click through for the hilarious ending.  And it's 100% true, which makes it even better.

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