March 06, 2009
Best Economics Jokes Ever

A la Chuck Norris, comes the Top Ten Facts About Kevin Murphy.

Be sure to click on the honorable mentions. My favorite is:

"Kevin Murphy does not need compensated demand. He just demands that you compensate him."

Posted by Joshua Hall at 02:33 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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