How did economists get it so wrong (parody version)?

By Edward Harrison On Oct 8, 2009

Remember when Paul Krugman asked aloud “How Did Economists Get It So Wrong?” He had a very well-received answer. But he left out something.

The elephant in the room was debt. No one seems to have been noticing.

Below is a British video parody version asking economists and political leaders the same question (in a slightly more graphic version). Warning : this video is hilarious but graphic. Don’t play it at work. I warn you.

Hat tip Yves Smith.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

The market is moving. You should be too.

News from around the web: 2009-10-09

5 Comments

akouvi says 14 years ago

BRILLIANT!!

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