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 over 1 year ago
Panels 2 and 3 read like a stand-up routine.
ronaldspence over 1 year ago
Apparently Pig qualifies for the low rate for people with poor credit?
DennisinSeattle over 1 year ago
Sad but true for the economics teaching profession.
Bilan over 1 year ago
Don’t you need to have several instances of low interest to make a low interest rate?
BE THIS GUY over 1 year ago
They should appoint Pig to the Federal Reserve Board.
Knuckleheads Premium Member over 1 year ago
No, no, pig is right
Erse IS better over 1 year 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 over 1 year ago
…down by the river!!
MeanBob Premium Member over 1 year ago
I’ve always distrusted economics teachers, if they really understood economics, they wouldn’t need to teach.
electricshadow Premium Member over 1 year ago
So both of you are going to be Chris Farley from “SNL.”
Jesy Bertz Premium Member over 1 year ago
Pig is correct. Economics really is “the dismal science”.
_lounger_ over 1 year ago
probably there is a low interest rate about it, but someone has a hint to explain the red apple?
MayCauseBurns over 1 year ago
Teaching would be a great vocation, until you realize how stupid people are.
iggyman over 1 year ago
Interesting, Pig!
Botulism Bob over 1 year ago
What college would ever admit Pig as a student?
SALUDADOG over 1 year ago
Never trust a man in a bow tie, unless he’s bringing you pizza.
Ellis97 over 1 year ago
I know a lot about the trouble that buyouts, synergy and mergers can cause.
daveoverpar over 1 year ago
By the river.
Croc Holliday over 1 year ago
Economics – the art of explaining tomorrow why your predictions yesterday didn’t come true today.
NeedaChuckle Premium Member over 1 year 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 over 1 year 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 over 1 year 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 over 1 year ago
Chris Farley was right!
Droptma Styx over 1 year ago
We used to DREAM of living in a van …
capgras1000 over 1 year ago
Is that Professor Eugene Levy on the right?
joefearsnothing over 1 year ago
….down by the river!
aerotica69 over 1 year ago
Is that van down by the river?
rossevrymn over 1 year ago
Just blame it on social media, Stephan.
Goat from PBS over 1 year ago
This relates to my life waaaaaay too much.
txmystic over 1 year ago
6 comments so far referencing Matt Foley…nice!
Ancient Wise Guy over 1 year ago
Wow. Even during this National Teacher Appreciation Week, teachers still don’t get no respect.
sisterea over 1 year 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 over 1 year ago
I used to teach economics before I retired, and I don’t even own a van. My house IS paid off, however.
LaughterIsJoyMuliplied over 1 year 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 over 1 year ago
The closest I came to economics was a course in Home Economics back in the 50’s!
Kurtass Premium Member over 1 year ago
My retirement plan is dying.
NickelAlloy over 1 year 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 over 1 year 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 over 1 year 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 over 1 year ago
Well, the interest rates sure aren’t low right now!
mail2jbl over 1 year 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 over 1 year 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 over 1 year ago
Yep … a van down by the river, and become a Motivational Speaker as a part time activity. Regards, Matt.
MrWolf Gamer over 1 year ago
i have a low interest rate for school but… hey, its all most over. 8/10
maverick.kaminski over 1 year ago
Don’t knock it until you’ve tried it!
T... over 1 year ago
Stephan, you should retire and live in vain…
Eric S over 1 year ago
hey that’s a LOT of Portlanders plan
sperry532 over 1 year 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 over 1 year ago
Down by the river.
cosman over 1 year ago
..Pulling the kayak off the top of the van..
Zorginipsoundsor over 1 year ago
Matt Foley is gonna have neighbors!
KeithRoman over 1 year 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 over 1 year ago
I don’t think you’re getting through to him.
Sisyphos over 1 year 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 over 1 year 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 over 1 year ago
You know the Van Life isn’t such a bad thing. and good luck getting the prime spot by the river.
rgcviper over 1 year ago
My high school economics teacher was … not my favorite. I’ll just leave it at that.