Quote 20: Nigel Pinkerton on the derivation of economic models

I heard the following gem round the water cooler at work:

Beer makes economics happen

I felt that given it is a Friday, and given that there is a lot of economics going on, this quote was felt especially poignant.

Personally I think Jagermeister is a better economic stimulant – but I understand that I’m in the minority.

5 replies
  1. agnitio
    agnitio says:

    A couple economists I respect claim to do their best thinking over a single malt whiskey:)

    Although, possibly the smartest economist I know doesn’t drink but eats a lot of chocolate…

  2. Miguel Sanchez
    Miguel Sanchez says:

    Someone once told me about an economist who was worried that his mind was starting to slow down as he entered middle age, so he started taking speed – the story goes that he produced some highly acclaimed papers while under the influence. Unfortunately I didn’t catch the name so I have no way to check if it’s true – can anyone help?

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