"Governments never learn. Only people learn."
Milton Friedman

Jumat, 10 Juli 2009

When economist listen to MP3

One ordinary day, kigendengwaras , the drunken economist, listen a list of songs. While he enjoy the music, his economist instinc just come to realize that how these songs are told so much about economics. On half insanity, let us enter our (beloved) young economist thought:

Rolling Stones: "You can't always get what you want" -- Okay that's why we called it trade-off

Bon Jovi: "Bad Medicine" -- We talk about quota, subsidies, tariff, and dumping isn't it

The Clash: "Career opportunities" --
Definetly, we talk about opportunity cost

U2 : "Stuck in a moment You can't get out of"
--
remember on Great Depression on '30s, you need "intervention"

Michael Bubble: "Everything" -- Ouhh, that the answer for What economics can explain about?

for last,
Cindy Cenora: "Aku Cinta Rupiah" -- Beware! Neo-Protectionism..maybe this song inspire China on Yuan policy..

That's why I love music an economics. Sadly, I learn that I also face indifference curve, it means I couldn't listen to the musics along day, I must sacrifice my time to listen my teacher..

nb: I indebted to Prof Daniel S. Hamermesh for his inspiration that Economics is Everywhere

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