Economics 100

Being an economist is like being an undertaker or proctologist—watch how people avoid you at parties. No one wants to join a spirited discussion about Pareto optimality or the marginal propensity to consume. Father Guido Sarducci once proposed a “Five-Minute University," where students would learn everything they’d remember five years after graduating from a real university. His economics curriculum consisted of three words: Supply and Demand. Really, though, people need more than that to understand economics. I propose a lengthier, in-depth, hundred-word crash course for the MAGA base—crash being the operative word. Imma try with my next post.

Inspired by deluded applications of the dismal science. Part 2 of the program, focused on inequality, is here. Image courtesy of Paramount Pictures.