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.

  • 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…

  • @agnitio

    That is some variation – maybe we need a poll

  • Research = A*F(alcohol,grease,sugar,caffeine,ideas,work).

  • I’m not sure that research is monotonic in any of those variables 😛

  • Miguel Sanchez

    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?