Economists often do a crummy job of teaching people about the impact of fiscal policy on the labor force, largely because we put people to sleep with boring discussions about “labor supply” decisions (my blog post from last year perhaps being an example of this tendency).
From now on, I will try to remember to use this cartoon. It’s a parody of Obama’s policies, but the last slide (or is it a panel?) is a great teaching tool about what happens when politicians turn the safety net into a hammock.

[...] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics (via International Liberty) By brianmfsears91 Economists often do a crummy job of teaching people about the impact of fiscal policy on the labor force, largely because we put people to sleep with boring discussions about "labor supply" decisions (my blog post from last year perhaps being an example of this tendency). From now on, I will try to remember to use this cartoon. It's a parody of Obama's policies, but the last slide (or is it a panel?) is a great teaching tool about what happens wh … Read More [...]
The funniest things always contain elements of truth… Awesome!
[...] From Dan Mitchell…. [...]
The answer to the question “what do we need jobs for?” will be given when the armed troops come out and command: “You will now work.”
[...] Daniel J. Mitchell: This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics [...]
Weird people, this american. They confused a public service well known outside their country frontiers with socialism or even communism.
I ever wonder if they trully known what is communism actually.
In fact, Im sure that now they thing Im red.
pennywise: Not necessarily red, but certainly pink and on the way.
[...] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very good. Rate this: Share [...]
It’s not a parody of Obama. Someone’s photoshopped an Obama cartoon into the strip.
Because the only reason we want to work is to cover our basic needs. Give us a shed, a burlap sack, a wheel of cheese, and some band-aids and we’re all good.
[...] Dan Mitchell) Classificar isto: Share this:FacebookTwitterStumbleUponEmailMaisPrintDiggLinkedInGostar [...]
[...] From here. [...]
[...] you don’t like laughing at Republicans, here’s my favorite cartoon mocking leftist economics. And here’s a cartoon that must be funny since it is the most-viewed post in the history of [...]
[...] 30 seconds of the three-minute video actually contain some very good economics, roughly akin to this classic cartoon. Yes, incentives [...]
[...] seconds of the three-minute video actually contain some very good economics, roughly akin to this classic cartoon. Yes, incentives [...]
[...] if you want to teach economics, here are good cartoons about incentives, Keynesian economics, and unemployment insurance. GA_googleAddAttr("AdOpt", "1"); [...]
It’s missing the panel where the servant calls the guy in the crowd a racist.
[...] is this cartoon if you want to understand the economics of redistribution. Rate this: Share [...]
[...] cartoons and jokes do a very good job of helping people understand economics. I’ve always liked this cartoon, for instance, because it cleverly illustrates the impact of government handouts on the labor [...]
[...] If I had to pick a favorite, though, it would be the jokes that teach economics. That’s why I like this joke about Keynesian economics, this cartoon about Obama’s stimulus, this video on Halloween taxes, this cartoon about the minimum wage, and this joke about the perverse incentives of redistribution. [...]
[...] If I had to pick a favorite, though, it would be the jokes that teach economics. That’s why I like this joke about Keynesian economics, this cartoon about Obama’s stimulus, this video on Halloween taxes, this cartoon about the minimum wage, and this joke about the perverse incentives of redistribution. [...]
[...] This Wizard of Id parody on redistribution by anonymous. [...]
[...] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics [...]
[...] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very good. Like this:LikeBe the first to like this post. [...]
[...] This Wizard of Id parody is the best cartoon about economics, but it teaches about labor markets rather than Keynesianism. Rate this:Share [...]
What if you took the peasant’s question seriously. What *do* we need jobs for?
@pennywise: Fish don’t know that water is wet. People who live with socialism don’t know that it is socialism.
[...] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very [...]
[...] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics [...]
[...] of like this Wizard of Id parody featuring [...]
[...] of like this Wizard of Id parody featuring [...]
[...] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics « International Liberty. [...]
Reblogged this on This Got My Attention and commented:
What do we need *jobs* for?!?!?
[...] – Last but not least, here’s one of my favorite cartoons, though it’s really a parody of the Wizard of Id. And I don’t have any idea about who produced it. But how often do you find first-rate [...]
[...] – Last but not least, here’s one of my favorite cartoons, though it’s really a parody of the Wizard of Id. And I don’t have any idea about who produced it. But how often do you find first-rate [...]
[...] of like this Wizard of Id parody featuring [...]
[...] if you want to teach economics, here are good cartoons about incentives, Keynesian economics, and unemployment [...]
[...] cartoons and jokes do a very good job of helping people understand economics. I’ve always liked this cartoon, for instance, because it cleverly illustrates the impact of government handouts on the labor [...]
[...] unsigned Wizard-of-Id parody has the same basic message about labor supply and handouts, and here’s a chart with some staggering real-world evidence [...]
That is fluked up.
[...] unsigned Wizard-of-Id parody has the same basic message about labor supply and handouts, and here’s a chart with some staggering real-world evidence of [...]
[...] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics [...]
[...] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics [...]
[…] cartoon is quite similar to this Chuck Asay gem, and also has the same theme as this excellent Wizard of Id parody (which tied for 5th-place in the political cartoonist […]