Category Archive: Cartoons

Jan
25
2012

A lesson in economic forecasting

Peak oil will be here any minute now…

Permanent link to this article: http://www.tvhe.co.nz/2012/01/25/a-lesson-in-economic-forecasting/

Dec
25
2011

Economists: Born or trained

Although that is an interesting title, I’m not actually going to talk about anything interesting.  Instead, Merry Christmas everyone – and here is a cartoon from Saturday Morning Breakfast Cereal (again): (ht SMBC)

Permanent link to this article: http://www.tvhe.co.nz/2011/12/25/economists-born-or-trained/

Nov
08
2011

On the irrelevance of sunk costs…

… and the difficulty humans have recognising them. Click through to xkcd for the, very worthwhile, rollover text.

Permanent link to this article: http://www.tvhe.co.nz/2011/11/08/on-the-irrelevance-of-sunk-costs/

Oct
04
2011

Perverse incentives

I’m a touch busy trying to keep up with Europe, given how things seem to be a little bit on the unpleasant side.  As a result, here is a cartoon from XKCD. Source (XKCD)

Permanent link to this article: http://www.tvhe.co.nz/2011/10/04/perverse-incentives/

Sep
30
2011

Why economists are so popular

(Via SMBC) Come on, revealed preferences are all you need.  There is no way we’re going to make our own explicit value judgments!

Permanent link to this article: http://www.tvhe.co.nz/2011/09/30/why-economists-are-so-popular/

Aug
12
2011

Is it wrong that …

… the first time any concern popped into my head while reading this cartoon was when, half way through, I suddenly thought “where is the demand curve”? He shows that supply rises as price rises – and that is great.  And given that the marginal cost is zero, this would give pretty awesome profits.  However, …

Continue reading »

Permanent link to this article: http://www.tvhe.co.nz/2011/08/12/is-it-wrong-that/

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