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A sales type once told me that when he knew I wanted to buy something, that was interest … and when he knew someone else wanted to sell something, that too was interest. But when he knew someone who wanted to sell what I wanted to buy, that was compound interest!
I loved my Micro Econ class so much, and, learned so much that I would love to teach it. Of course, then I’d all that government mandated requirements to deal with, so no thanks. I’ll just do it one on one with people that have an interest in it.
So true. As someone with a Bachelor’s degree in economics, I can assure you that we would all be much better off if a year of instruction in basic macro and micro-economics was required of all citizens who ever plan to vote. Gives you a much better grasp of when the pols have no idea what they’re talking about.
Well this is certainly obvious now that a plurality of America STILL trusts republicans more on the economy and they don’t like our current presidents handling of the economy. We have record low unemployment, record high job creation, record high and increasing wages. Our growth in GDP is solid even with increased interest rates which are bringing down inflation. To top that off republicans are holding our economy hostage with their refusal to increase the debt ceiling, something they did no less than 3 times under TFG as they ran the debt through the stratosphere with decreased revenues. So yeah evidently no one was paying attention in economics class OR in math because they cannot seem to even count.
One of THE most interesting classes I took in college was ECON 101 taught by a grad student who was not going to be a teacher. On the class critique I wrote that it would be sin if he didn’t go into teaching. There must have been some other good critiques because the next class period he was glowing.
Economics seems to be one of those professions where it’s accepted practice to start with a politically-driven conclusion and then work backwards to support it. How else would we have supply-side economics?
IMHO, economics is less like science or art, and more like religion. Many wildly differing “philosophies” with each having its own prophet (Adam Smith, John Maynard Keynes, Milton Friedman, Karl Marx, etc.). Each has a group of followers doggedly insisting and trying to prove that their’s is not just the best, but the only way.
And all of them are partly right, but mostly wrong.
Pig’s perception is not far off. Economics has been “the dreary science” since Malthus. Those two economists should indeed retire to van life. We’d be better off….
I regret that I didn’t get a degree in Economics when I went to UMass. Had I earned that degree, I would spend every day calling, e-mailing and texting every newspaper, magazine, talk show and newscast. I’d give them my opinion on the economy. The best part is I’d attach my economics degree to all correspondence and I would INSIST on being quoted as Economist Todd S_______.
BasilBruce almost 2 years ago
Panels 2 and 3 read like a stand-up routine.
ronaldspence almost 2 years ago
Apparently Pig qualifies for the low rate for people with poor credit?
DennisinSeattle almost 2 years ago
Sad but true for the economics teaching profession.
Bilan almost 2 years ago
Don’t you need to have several instances of low interest to make a low interest rate?
BE THIS GUY almost 2 years ago
They should appoint Pig to the Federal Reserve Board.
Knuckleheads Premium Member almost 2 years ago
No, no, pig is right
Erse IS better almost 2 years ago
A sales type once told me that when he knew I wanted to buy something, that was interest … and when he knew someone else wanted to sell something, that too was interest. But when he knew someone who wanted to sell what I wanted to buy, that was compound interest!
Algolei I almost 2 years ago
…down by the river!!
MeanBob Premium Member almost 2 years ago
I’ve always distrusted economics teachers, if they really understood economics, they wouldn’t need to teach.
electricshadow Premium Member almost 2 years ago
So both of you are going to be Chris Farley from “SNL.”
Jesy Bertz Premium Member almost 2 years ago
Pig is correct. Economics really is “the dismal science”.
_lounger_ almost 2 years ago
probably there is a low interest rate about it, but someone has a hint to explain the red apple?
MayCauseBurns almost 2 years ago
Teaching would be a great vocation, until you realize how stupid people are.
iggyman almost 2 years ago
Interesting, Pig!
Botulism Bob almost 2 years ago
What college would ever admit Pig as a student?
SALUDADOG almost 2 years ago
Never trust a man in a bow tie, unless he’s bringing you pizza.
Ellis97 almost 2 years ago
I know a lot about the trouble that buyouts, synergy and mergers can cause.
daveoverpar almost 2 years ago
By the river.
Croc Holliday almost 2 years ago
Economics – the art of explaining tomorrow why your predictions yesterday didn’t come true today.
NeedaChuckle Premium Member almost 2 years ago
I went to night school to learn programming and had to take 3 trimesters of accounting. Oh! The thrill.
David in Webb Premium Member almost 2 years ago
I loved my Micro Econ class so much, and, learned so much that I would love to teach it. Of course, then I’d all that government mandated requirements to deal with, so no thanks. I’ll just do it one on one with people that have an interest in it.
Liverlips McCracken Premium Member almost 2 years ago
So true. As someone with a Bachelor’s degree in economics, I can assure you that we would all be much better off if a year of instruction in basic macro and micro-economics was required of all citizens who ever plan to vote. Gives you a much better grasp of when the pols have no idea what they’re talking about.
Brich027 almost 2 years ago
Chris Farley was right!
Droptma Styx almost 2 years ago
We used to DREAM of living in a van …
capgras1000 almost 2 years ago
Is that Professor Eugene Levy on the right?
joefearsnothing almost 2 years ago
….down by the river!
aerotica69 almost 2 years ago
Is that van down by the river?
rossevrymn almost 2 years ago
Just blame it on social media, Stephan.
Goat from PBS almost 2 years ago
This relates to my life waaaaaay too much.
txmystic almost 2 years ago
6 comments so far referencing Matt Foley…nice!
Ancient Wise Guy almost 2 years ago
Wow. Even during this National Teacher Appreciation Week, teachers still don’t get no respect.
sisterea almost 2 years ago
Well this is certainly obvious now that a plurality of America STILL trusts republicans more on the economy and they don’t like our current presidents handling of the economy. We have record low unemployment, record high job creation, record high and increasing wages. Our growth in GDP is solid even with increased interest rates which are bringing down inflation. To top that off republicans are holding our economy hostage with their refusal to increase the debt ceiling, something they did no less than 3 times under TFG as they ran the debt through the stratosphere with decreased revenues. So yeah evidently no one was paying attention in economics class OR in math because they cannot seem to even count.
dbhamm almost 2 years ago
I used to teach economics before I retired, and I don’t even own a van. My house IS paid off, however.
LaughterIsJoyMuliplied almost 2 years ago
One of THE most interesting classes I took in college was ECON 101 taught by a grad student who was not going to be a teacher. On the class critique I wrote that it would be sin if he didn’t go into teaching. There must have been some other good critiques because the next class period he was glowing.
Zebrastripes almost 2 years ago
The closest I came to economics was a course in Home Economics back in the 50’s!
Kurtass almost 2 years ago
My retirement plan is dying.
NickelAlloy almost 2 years ago
Economics seems to be one of those professions where it’s accepted practice to start with a politically-driven conclusion and then work backwards to support it. How else would we have supply-side economics?
christelisbetty almost 2 years ago
Ray Charles summed up capitalism, neatly…“Them that’s gots is them that gets…and I ain’t got nothin’ yet.”
198.23.5.11 almost 2 years ago
If you learn addition and subtraction in the third grade,isn’t that all the economic knowledge you need?
snowedin, now known as Missy's mom almost 2 years ago
Well, the interest rates sure aren’t low right now!
mail2jbl almost 2 years ago
I have a very low interest rate in anything said on CNN, MSNBC, and by our pathetic excuses for POTUS and VPOTUS.
monya_43 almost 2 years ago
A person complained to a loan officer that his interest was rather high. The loan officer said “No, actually I couldn’t care less.”
zeexenon almost 2 years ago
Yep … a van down by the river, and become a Motivational Speaker as a part time activity. Regards, Matt.
YaBoiWolf almost 2 years ago
i have a low interest rate for school but… hey, its all most over. 8/10
maverick.kaminski almost 2 years ago
Don’t knock it until you’ve tried it!
T... almost 2 years ago
Stephan, you should retire and live in vain…
Eric S almost 2 years ago
hey that’s a LOT of Portlanders plan
sperry532 almost 2 years ago
IMHO, economics is less like science or art, and more like religion. Many wildly differing “philosophies” with each having its own prophet (Adam Smith, John Maynard Keynes, Milton Friedman, Karl Marx, etc.). Each has a group of followers doggedly insisting and trying to prove that their’s is not just the best, but the only way.
And all of them are partly right, but mostly wrong.
knight1192a almost 2 years ago
Down by the river.
cosman almost 2 years ago
..Pulling the kayak off the top of the van..
Zorginipsoundsor almost 2 years ago
Matt Foley is gonna have neighbors!
KeithRoman almost 2 years ago
As an Economics teacher, I am severely offended. . . I thought I could at least have a decent RV err something to retire in. . .
Otis Rufus Driftwood almost 2 years ago
I don’t think you’re getting through to him.
Sisyphos almost 2 years ago
Pig’s perception is not far off. Economics has been “the dreary science” since Malthus. Those two economists should indeed retire to van life. We’d be better off….
Todd In Newton almost 2 years ago
I regret that I didn’t get a degree in Economics when I went to UMass. Had I earned that degree, I would spend every day calling, e-mailing and texting every newspaper, magazine, talk show and newscast. I’d give them my opinion on the economy. The best part is I’d attach my economics degree to all correspondence and I would INSIST on being quoted as Economist Todd S_______.
Ceeg22 Premium Member almost 2 years ago
You know the Van Life isn’t such a bad thing. and good luck getting the prime spot by the river.
rgcviper almost 2 years ago
My high school economics teacher was … not my favorite. I’ll just leave it at that.