Theorem 1 of Economics
November 16, 2010 2 Comments
What I have learned about Economics from reading Economist Mark Thoma at Economist’s View, who gives an Economist’s View about all things Economics:
Theorem 1 (The Grand Unifying Theorem of Economics). The things that the Republican political party wants to do are wrong and bad, and the things the Democratic political party wants to do are right and good.
That is Economist’s View.
Having fully absorbed this View, I now feel not only highly enlightened about Economics but my intellectual curiosity about its subtle depth and breadth as a subject (i.e., on which Democrats are right and Republicans, wrong) has been piqued. So, I’m happy to announce that I shall be immediately applying for a postdoctoral research appointment in Economics at Economist Mark Thoma’s academic institution, forthwith. My application essay/mission statement shall consist solely of Theorem 1, above, and presumably, this will suffice, because as far as I can tell from having read Economist’s View, Theorem 1 is literally all that there is to Economics.
Good Lord. I went to the comments section and read some of it. There I came to the inevitable (on lefty blogs anyway) reference to the Alan Moore comic (or “graphic novel,” or whatever you want to call it) The Watchmen. Way too many lefties (and some righties, sad to say) seem to have based their world views on the comic books and science fiction novels they like. At least the postwar intellectual crowd of the Fifties read stuff like Camus.
Never mind me. It’s not so much that I’m having a frustrated intellectual moment as I never got into any comic book when I was a kid except the Archie series. I don’t know what that says about me.
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