Sunday, January 11, 2009

Annoyed Demand Stimulus


If you hire your neighbor for $100 to dig a hole in your backyard and then fill it up, and he hires you to do the same in his yard, the government statisticians report that things are improving. The economy has created two jobs, and the G.D.P. rises by $200. But it is unlikely that, having wasted all that time digging and filling, either of you is better off.
Economics patty with few economic powerhouses. Brain-drain whiz nepotism - uncles and nephews, mates - bosom bodies, bestboy-bestgril, teachers – students, textbook – cases, I’m right – you’re wrong, fingers – keyboard bare their heart to another… world is in few man’s hands