http://www.makepovertyhistory.org.nz beautiful monsters: Economics explained

April 01, 2004

Economics explained

My flatmate is trying to explain economics to me. She’s been using words like “consciously maximising the satisfaction of exogenously determined preferences” which apparently has something to do with chocolate bars. And “diminishing marginal utility” which is when you have too much of a good thing. Like if you have so many chocolate bars you can’t lie down on your bed because it’s covered in chocolate bars. In fact, you probably can’t even get into your house... or something. There were lots of chocolate bars in it anyway. I think I’d be good at this sort of thing, as long as I got put in charge of keeping the chocolate under control.

Posted by Fionnaigh at April 1, 2004 04:24 PM
Comments

You mean, she's explaining bullshit *capitalist* economics to you? Don't worry if you can't understand it - it *doesn't* make sense anyway. They just use a bunch of jargon and hope you don't notice. :)

Posted by: H. Blackrose at April 3, 2004 03:22 PM