Economic Theory

A 4-post collection

Challenge #00980-B249: And What is a Pineapple Anyway?

"It was funny," thought Eric, "that the more you were encouraged something was for the greatest good for the people, the more it felt like being shafted with the rough end of the pineapple."

Eric mused further as the politicians burbled, "What the hell was a pineapple anyway?" -- Anon Guest

Eric's job was to do the math. When she wasn't googling exotic fruit. She drew up her programs to simulate the proposals currently on the floor. This was so odd.

The money was flowing from the people who needed it the most and towards the people who needed it the least.

She sent a colourful animation to Senator Creedy. It cut down on mis-understandings and dismissals because the document was too long to read. Or too complicated to follow.

The text back read: You forgot to add the wealthy spending their money on jobs.

She texted in return, They already have all the staff they need. They're not spending money because they don't need to.

The reply? We're doing this for the greater good. You don't know how economics works. The wealthy will invest in projects and fund many more jobs.

Now that made her furious. Sir, the proposed tax on the poor and tax cuts for the wealthy will not result in anything but more people on food stamps. The wealthy will only invest in the wealthy. The money will stay at the top. It will not 'trickle down', sir. The rich will just get a bigger glass.

He texted, Either you stop arguing or you hand in your resignation.

Eric had it ready since 'the greater good'. Multitasking was a fine thing. She emailled it to him and then "accidentally" leaked all the details of the proposal, and her new app showing how it would have an effect on money flow. And the texts she had exchanged with her former boss.

Then she packed up and left. Joining the greater hordes of the unemployed. He could get someone else to show him how to use his email program again.

(Muse food remaining: 16. Submit a Prompt! Ask a question! Buy my stories! Or comment below!)

One important lesson on economics from someone who's picked up on a few things...

Put basically: If they’re offering it to plebes like you, the bubble is about to burst.

There are numerous economic bubbles in past and present. The stock bubble. The internet bubble. The housing bubble. The quantum chocolate bubble. Okay, I just wish there was a quantum chocolate bubble…

The point is, bubbles are just like pyramid schemes. Sooner or later, they’re going to run out of people to sell it to and the whole shebang is going

Read more »

Everybody Needs to Read One Book

And it ain’t the Bible.

Yeah, I’m probably going to get pwn’d for saying that, but in these days, in this situation, and with the Occupy movement going everywhere like ice cream on a toddler, this book is essential.

The book is called How an Economy Grows and Why it Crashes by Peter D. Schiff

It explains the economy problems currently causing people to be out on the streets banging on drums and shouting at the

Read more »

Dollar Shop Economic Theory

I’ve had this one baking on the back burner for quite some time. And since I have nothing else in my head but brewing brony tales, I figured I’d best get this out of my head to make some room.

The Dollar Shop is a phenomenon out my way, where you can walk into a shop and get an item [or a number of items] for a dollar a piece. Some cost more than a dollar. Many cost

Read more »