21 Apr 2011

For Those Who Are Bored

Economics, Humor No Comments

…and want to vie for a link from the Big Three clueless econ PhDs (Landsburg, Tabarrok, and Murphy). Apropos this controversy, take Krugman and DeLong‘s arguments and apply them to Krugman’s discussion in his textbook about tax incidence. (E.g. if the government puts a sales tax on selling gasoline, do the retailers or motorists actually shoulder the burden of the tax?) Make sure you guffaw and work in some “Ummms” to increase your odds of winning the contest.

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