This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics

April 18, 2011 by Dan Mitchell

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.

Posted in Big Government, Economics, Fiscal Policy, Humor, Obama, Political Humor, Redistribution, Unemployment, Welfare | Tagged Economics, Handouts, Humor, Income redistribution, Political Humor, Welfare | 126 Comments

126 Responses

on March 24, 2023 at 11:09 am More Evidence Against Universal Basic Income | International Liberty

[…] is captured in this Wizard-of-Id parody, with the only difference being that UBI is a big handout for everything rather than a set of […]
on June 29, 2022 at 5:20 pm Dan Mitchell: “I’ve long argued that it’s generally better to focus on employment rather than unemployment when assessing the health of the job market” | The Daily Hatch

[…] If you want a humorous take on labor economics, I recommend this Wizard-of-Id parody, as well as this Chuck Asay cartoon and this Robert Gorrell […]
on June 28, 2022 at 12:10 pm Biden’s Anemic Jobs Market | International Liberty

[…] If you want a humorous take on labor economics, I recommend this Wizard-of-Id parody, as well as this Chuck Asay cartoon and this Robert Gorrell […]
on September 14, 2021 at 6:12 am Dan Mitchell article Bureaucrat Humor | The Daily Hatch

[…] final (and favorite) item is this cartoon strip. I don’t know if it’s a parody (like this one) or real, but it does show how bureaucratic pay scales […]
on September 11, 2021 at 6:45 am Bureaucrat Humor | International Liberty

[…] final (and favorite) item is this cartoon strip. I don’t know if it’s a parody (like this one) or real, but it does show how bureaucratic pay scales […]
on August 23, 2021 at 2:31 am MUSIC MONDAY Comparing Rolling Stones’ Song HANG FIRE to the Way People in USA are reacting to President Biden increasing Unemployment Benefits! | The Daily Hatch

[…] There’s a similar calculation on the part of individuals, as shown by this satirical cartoon strip. […]
on August 19, 2021 at 10:25 am Primitive Keynesianism from the Joint Economic Committee | International Liberty

[…] problem with that policy is that it reduces incentives to work – as illustrated by this Wizard-of-Id parody or this cartoon about […]
on July 17, 2021 at 6:19 pm Daniel Mitchell article The Left’s Dependency Agenda, Part I | The Daily Hatch

[…] Both this Wizard-of-Id parody and this cartoon do a great job of showing the economics of […]
on July 17, 2021 at 9:47 am The Left’s Dependency Agenda, Part I | International Liberty

[…] Both this Wizard-of-Id parody and this cartoon do a great job of showing the economics of […]
on July 7, 2021 at 3:33 pm The Adverse Economic Consequences of “Basic Income” | International Liberty

[…] That’s because I feared many people would drop out of the labor force if they could live off government handouts (as illustrated by this Wizard-of-Id parody). […]
on June 19, 2021 at 9:03 pm oiltranslator

I shared it with some Brazilian friends. Most jobs are basically illegal in many places.
on June 7, 2021 at 9:47 pm In describing Biden Administration Dan Mitchell notes “During the Obama years, I shared a cartoon strip that cleverly makes the point that some people will choose not to work if they can get enough goodies from the government” | The Daily Hatch

[…] the Obama years, I shared a cartoon strip that cleverly makes the point that some people will choose not to work if they can get enough […]
on June 7, 2021 at 2:52 pm The Economics of “Labor Shortages” | International Liberty

[…] the Obama years, I shared a cartoon strip that cleverly makes the point that some people will choose not to work if they can get enough […]
on May 15, 2021 at 9:08 pm “Severely Disabled Man Suffers Consequences of Paying Americans Not to Work” | The Daily Hatch

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus specifically on unemployment benefits, but it makes a great point about labor […]
on May 15, 2021 at 8:31 am Comparing Rolling Stones’ Song HANG FIRE to the Way People in USA are reacting to President Biden increasing Unemployment Benefits! | The Daily Hatch

[…] There’s a similar calculation on the part of individuals, as shown by this satirical cartoon strip. […]
on May 13, 2021 at 8:20 pm Subsidized Unemployment and the Work Ethic by Daniel Mitchell | The Daily Hatch

[…] There’s a similar calculation on the part of individuals, as shown by this satirical cartoon strip. […]
on May 13, 2021 at 9:46 am Subsidized Unemployment and the Work Ethic | International Liberty – Additional survival tricks

[…] There’s a similar calculation on the part of individuals, as shown by this satirical cartoon strip. […]
on May 13, 2021 at 9:28 am Subsidized Unemployment and the Work Ethic | International Liberty

[…] There’s a similar calculation on the part of individuals, as shown by this satirical cartoon strip. […]
on May 11, 2021 at 9:40 pm The Upside-Down Economics of Subsidized Unemployment by Dan Mitchell | The Daily Hatch

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus specifically on unemployment benefits, but it makes a great point about labor […]
on April 24, 2021 at 5:18 pm WASTE, FRAUD, AND FEDERALISM by Dan Mitchell | The Daily Hatch

[…] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very […]
on April 15, 2021 at 1:46 am OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 145 “Others missed the cut because they wouldn’t boost demand sufficiently. Mindful of accusations that I planned to use the economic crisis as an excuse for an orgy of wa

[…] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very […]
on March 31, 2021 at 1:47 am OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 130 “Mindful of accusations that I planned to use the economic crisis as an excuse for an orgy of wasteful liberal boondoggles (and because I in fact wanted to prevent Congress

[…] This Wizard of Id parody is the best cartoon about economics, but it teaches about labor markets rather than […]
on March 11, 2021 at 2:49 am OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 111 “Mindful of accusations that I planned to use the economic crisis as an excuse for an orgy of wasteful liberal boondoggles we put in place a series of good-government safegu

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on February 14, 2021 at 2:51 am OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 85 “Mindful of accusations that I planned to use the economic crisis as an excuse for an orgy of wasteful liberal boondoggles we put in place a series of good-government safegua

[…] 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 […]
on August 4, 2020 at 11:31 am Subsidized Unemployment and Societal Capital | International Liberty

[…] Otherwise we wind up with the real-world version of this satirical Wizard-of-Id cartoon. […]
on June 5, 2020 at 11:05 am Should Government Subsidize Unemployment? | International Liberty

[…] moral of the story, as illustrated by this satirical cartoon strip, is that people are more likely to work when the benefits of having a job and greater than the […]
on May 12, 2020 at 10:49 am Everything You Ever Wanted to Know about Supply-Side Economics, in a Single Image | International Liberty

[…] Wizard-of-Id parody, for instance, contains a lot of insight about labor economics. As does this Chuck Asay cartoon and […]
on April 23, 2020 at 9:00 am Coronavirus and Subsidized Unemployment | International Liberty

[…] It’s the real-world version of this satirical Wizard-of-Id cartoon. […]
on August 30, 2019 at 12:48 pm The Economics of Socialism (10 Seconds) and Unintended Consequences (4 Seconds) | International Liberty

[…] as this Wizard-of-Id parody and this Little-Red-Hen parody make clear, why work hard if you can get things for […]
on April 17, 2019 at 11:52 am The Village Experiment that Transformed China | International Liberty

[…] obvious moral of the story is that incentives matter. Socialist systems encourage slackers (see this cartoon strip) and market systems encourage […]
on February 17, 2019 at 11:20 am Basic Income and Handouts for People Who Are “Unwilling to Work” | International Liberty

[…] I’m tempted to recycle that cartoon again, this Wizard-of-Id parody makes the same […]
on November 16, 2018 at 8:46 pm Trabajadores y capitalistas no son enemigos, la tragedia de Venezuela lo prueba

[…] parodia de Wizard-of-Id sobre incentivos […]
on November 10, 2018 at 11:21 am The Venezuelan Tragedy Shows Why Workers and Capitalists Should Be Allies in the Fight against Statism | International Liberty

[…] The Wizard-of-Id parody about work incentives. […]
on June 8, 2018 at 3:45 pm What We Can Learn About Welfare Reform from Europe – Dr. Rich Swier

[…] This Wizard-of-Id parody is a very good explanation of why handouts discourage productive […]
on May 30, 2018 at 12:24 pm Lessons from Europe on Welfare, Dependency, and Self-Reliance | International Liberty

[…] This WIzard-of-Id parody is a very good explanation of why handouts discourage productive […]
on May 1, 2018 at 8:11 am In Honor of “May Day,” another Edition of Anti-Communism Humor | International Liberty

[…] I’ve saved the best for last. Or, to be more accurate, this final bit of humor is my favorite because it’s hard to find economics-oriented humor (hence my appreciation for this Wizard-of-Id parody). […]
on April 25, 2018 at 7:51 am Finland Turns Against “Basic Income” | International Liberty

[…] it’s difficult to see how work incentives aren’t adversely affected. Why go through the hassle of being employed when you can sit at home and play computer games all […]
on April 7, 2018 at 11:16 pm Jobs in the USA | Catallaxy Files

[…] the Wizard of Id takes down the welfare state. h/t […]
on April 7, 2018 at 9:02 am Good News on Unemployment, but So-So News on Jobs and Dependency | International Liberty

[…] All of which is captured in this Wizard-of-Id satire. […]
on July 31, 2017 at 11:33 am Early Evidence Doesn’t Bode Well for Finland’s Basic Income Experiment | International Liberty

[…] The Wizard-of-Id parody shown above contains a lot of insight about labor supply and incentives. As does this Chuck Asay […]
on March 31, 2017 at 9:54 am A Six-Figure Welfare Fraud Horror Story | International Liberty

[…] On the broader issue of redistribution and economics, this Wizard-of-Id parody contains a lot of insight about labor supply and incentives. As does this Chuck Asay cartoon and […]
on July 18, 2016 at 9:13 am Thomas Sowell on the Economics of Redistribution: Quicksand at One End and Beatings at the other End | Lex Rex for All

[…] The Wizard-of-Id parody. […]
on July 18, 2016 at 7:57 am Thomas Sowell on the Economics of Redistribution: Quicksand at One End and Beatings at the other End | International Liberty

[…] The Wizard-of-Id parody. […]
on May 15, 2016 at 7:04 am Everything You Wanted to Know about the Economics of Redistribution in One Image | International Liberty

[…] Wizard-of-Id parody about work […]
on May 4, 2016 at 9:37 am A Government-Provided “Basic Income” Would Be a Recipe for Bigger Government and More Dependency | International Liberty

[…] a proposal would be too generous, thus reducing over time incentives to work (perfectly captured by this Wizard-of-Id parody). I also fear it would require economically destructive tax rates, either explicitly to fund a […]
on March 20, 2016 at 7:57 am A Laffer-Curve Relationship between Welfare Spending and Poverty | International Liberty

[…] This Wizard-of-Id parody contains a lot of insight about labor supply and government-distorted incentives. As does this […]
on March 17, 2016 at 8:02 am Trump, Sanders, and Political Humor | International Liberty

[…] Sort of the same message from this Wizard-of-Id parody. […]
on March 11, 2016 at 10:30 pm In One Cartoon Strip, Everything You Need to Know about the Minimum Wage | Tea Party News

[…] This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert Gorrell cartoon. […]
on March 8, 2016 at 12:15 pm The Minimum Wage Explained - All Things Political Today

[…] This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert Gorrell cartoon. […]
on March 8, 2016 at 9:22 am In One Cartoon Strip, Everything You Need to Know about the Minimum Wage | Conservative Republican News

[…] This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert Gorrell cartoon. […]
on March 7, 2016 at 5:15 pm In One Cartoon Strip, Everything You Need to Know About the Minimum Wage | People's Pundit Daily

[…] so often, I see visuals that do a great job of illustrating various economic principles. This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert […]
on March 7, 2016 at 12:58 pm In One Cartoon Strip, Everything You Need to Know about the Minimum Wage | International Liberty

[…] This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert Gorrell cartoon. […]
on January 31, 2016 at 9:10 am David

didn’t the original cartoon have the king giving this speech? I was trying to find the original one.
on September 21, 2015 at 7:19 am Warning: Bernie Sanders Will Be Very Expensive to Your Wallet

[…] a desire to purchase certain things, such as health care and/or health insurance. As illustrated by this cartoon parody, that incentive would be eroded if Sanders’ agenda is adopted and folks can get freebies from […]
on September 17, 2015 at 10:30 pm Warning: Bernie Sanders Will Be Very Expensive to Your Wallet | Bernie Man

[…] a desire to purchase certain things, such as health care and/or health insurance. As illustrated by this cartoon parody, that incentive would be eroded if Sanders’ agenda is adopted and folks can get freebies from […]
on September 17, 2015 at 10:37 am Warning: Bernie Sanders Will Be Very Expensive to Your Wallet | International Liberty

[…] a desire to purchase certain things, such as health care and/or health insurance. As illustrated by this cartoon parody, that incentive would be eroded if Sanders’ agenda is adopted and folks can get freebies from […]
on April 27, 2015 at 7:32 am Dependency, Work Incentives, and the Growing Welfare State | International Liberty

[…] This Wizard-of-Id parody contains a lot of insight about labor supply and incentives. As does this Chuck Asay […]
on January 24, 2015 at 2:03 pm The Need for Social Security Reform, as Illustrated by Cartoons | International Liberty | Lex Rex for All

[…] for instance, I put together some of my favorite examples on topics such as Keynesian economics, labor supply incentives, minimum wage, and the welfare […]
on January 24, 2015 at 12:14 pm The Need for Social Security Reform, as Illustrated by Cartoons | International Liberty

[…] for instance, I put together some of my favorite examples on topics such as Keynesian economics, labor supply incentives, minimum wage, and the welfare […]
on January 12, 2015 at 1:43 pm If You Want to Gauge the Health of the Job Market, Focus on Employment rather than Unemployment | International Liberty

[…] If you want a humorous take on labor economics, I recommend this Wizard-of-Id parody, as well as this Chuck Asay cartoon and this Robert Gorrell […]
on February 11, 2014 at 2:58 am Open letter to President Obama (Part 516) (Welfare state erodes social capital) | The Daily Hatch

[…] 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 […]
on February 10, 2014 at 1:14 pm Obamacare Death Panels Kills Jobs more often than people!!! | The Daily Hatch

[…] like this Chuck Asay cartoon, this Wizard-of-Id parody., and this Robert Gorrell […]
on February 8, 2014 at 12:22 pm Crying about Obamacare, but also Laughing at Obamacare | International Liberty

[…] like this Chuck Asay cartoon, this Wizard-of-Id parody., and this Robert Gorrell […]
on January 30, 2014 at 2:24 am Open letter to President Obama (Part 508) (Margaret Thatcher and the Battle of the 364 Keynesians) | The Daily Hatch

[…] 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 […]
on January 13, 2014 at 7:58 am Many academic studies show that extending unemployment benefits lead to more joblessness!! | The Daily Hatch

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus specifically on unemployment benefits, but it makes a great point about labor […]
on January 10, 2014 at 12:51 pm To Be Genuinely Compassionate, Politicians Should Focus on Job Creation, not Unemployment Benefits | International Liberty

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus specifically on unemployment benefits, but it makes a great point about labor […]
on December 18, 2013 at 8:11 am Open letter to President Obama (Part 477) (Uncle Sam Wants You… on Food Stamps?) | The Daily Hatch

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on December 13, 2013 at 1:10 am Open letter to President Obama (Part 474) ( Is taxing the rich the answer or is cutting spending Mr. President? Includes cartoons) | The Daily Hatch

[…] of like this Wizard of Id parody featuring […]
on November 27, 2013 at 2:58 am Open letter to President Obama (Part 462) Economist Antony Davies’ video “Does Stimulus Spending Work?” (includes editorial cartoon) | The Daily Hatch

[…] 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 […]
on November 26, 2013 at 9:32 am The idea of extending long-term unemployment insurance past its current expiration date is stupid!!! | The Daily Hatch

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus on unemployment benefits, but it makes a great point about labor supply […]
on November 18, 2013 at 10:01 am Obama Administration Urges More Unemployment « Sago

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus on unemployment benefits, but it makes a great point about labor supply […]
on November 17, 2013 at 12:47 pm Obama Administration Urges More Unemployment | International Liberty

[…] we definitely can’t overlook this superb Wizard-of-Id parody. It doesn’t focus on unemployment benefits, but it makes a great point about labor supply […]
on November 10, 2013 at 1:25 am davestutesman

When people don’t have any faith in their leaders, their spirit sags because their IS no leadership. People go their own way, they feel deserted, lied to or realize that their so-called leaders aren’;t worth listening to anymore. Anybody have any ideas worth following up on?- solo or together?
on November 8, 2013 at 10:29 am Obamanomics and the Vanishing American Worker | International Liberty

[…] we want more jobs, we need to make it more profitable for employers to create jobs. And, as this very clever cartoon parody indicates (and also as shown in this great Chuck Asay cartoon), we need to make it more attractive […]
on September 9, 2013 at 12:08 am Video by economics professor Antony Davies “Does Government Have a Revenue or Spending Problem?” (Cartoons) | The Daily Hatch

[…] of like this Wizard of Id parody featuring […]
on August 22, 2013 at 9:59 am Dear Senator Pryor, here are some spending cut suggestions (“Thirsty Thursday”, Open letter to Senator Pryor) | The Daily Hatch

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on August 19, 2013 at 7:09 am Taking from the rich and giving to the poor is no way to grow the economy and running up our national debt doesn’t help either (Cartoons) | The Daily Hatch

[…] of like this Wizard of Id parody featuring […]
on August 15, 2013 at 6:44 am Dear Senator Pryor, here are some spending cut suggestions (“Thirsty Thursday”, Open letter to Senator Pryor, cartoon included) | The Daily Hatch

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on July 30, 2013 at 6:30 am List of best cartoons from Dan Mitchell’s blog | The Daily Hatch

[…] – 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 analysis […]
on July 23, 2013 at 7:11 am Cartoons from Dan Mitchell’s blog that demonstrate what Obama is doing to our economy (Getting votes for handing out government services!!!!) | The Daily Hatch

[…] This Wizard of Id parody on redistribution by anonymous. […]
on July 9, 2013 at 1:56 am Economist Antony Davies’ video “Does Stimulus Spending Work?” (includes editorial cartoon) | The Daily Hatch

[…] 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 […]
on May 29, 2013 at 6:37 am Cartoons from Dan Mitchell’s blog that demonstrate what Obama is doing to our economy (stimulus cartoon) | The Daily Hatch

[…] 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 […]
on May 22, 2013 at 9:37 pm First-Rate Economic Analysis in a Political Cartoon | International Liberty

[…] 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 […]
on May 8, 2013 at 7:15 am A suggestion to cut some wasteful spending out of the government Part 8 (includes editorial cartoon) | The Daily Hatch

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on May 2, 2013 at 7:15 am If we want to cut back on the size of government then we have to cut our spending and not grow our spending | The Daily Hatch

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on April 28, 2013 at 3:07 pm We got to stop encouraging people to stay on welfare | The Daily Hatch

[…] 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 […]
on April 26, 2013 at 5:39 pm Drik

That is fluked up.
on April 26, 2013 at 4:35 pm How the Welfare State Erodes Social Capital, as Illustrated by a Chuck Asay Cartoon | International Liberty

[…] 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 […]
on April 10, 2013 at 9:24 am Margaret Thatcher and the Battle of the 364 Keynesians (includes editorial cartoon) | The Daily Hatch

[…] 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 […]
on March 18, 2013 at 6:18 am Cartoons from Dan Mitchell’s blog that demonstrate what Obama is doing to our economy Part 6 | The Daily Hatch

[…] if you want to teach economics, here are good cartoons about incentives, Keynesian economics, and unemployment […]
on March 4, 2013 at 9:21 am Taking from the rich and giving to the poor is no way to grow the economy and running up our national debt doesn’t help either (Cartoons) | HaltingArkansasLiberalswithTruth

[…] of like this Wizard of Id parody featuring […]
on March 4, 2013 at 4:04 am Question of the Week: Who Is Your Favorite Political Cartoonist?

[…] – 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 […]
on March 3, 2013 at 10:01 am Question of the Week: Who Is Your Favorite Political Cartoonist? | International Liberty

[…] – 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 […]
on February 15, 2013 at 8:01 pm Mike

Reblogged this on This Got My Attention and commented:
What do we need *jobs* for?!?!?
on January 6, 2013 at 9:14 pm This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics « International Liberty | jamesbbkk

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics « International Liberty. […]
on October 31, 2012 at 12:34 pm Trick-or-Treat at 1600 Pennsylvania Avenue | Cato @ Liberty

[…] of like this Wizard of Id parody featuring […]
on October 31, 2012 at 12:12 pm Trick-or-Treat at 1600 Pennsylvania Avenue « International Liberty

[…] of like this Wizard of Id parody featuring […]
on August 22, 2012 at 6:45 am Open letter to President Obama (Part 128) « HaltingArkansasLiberalswithTruth

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on August 16, 2012 at 7:48 am Open letter to President Obama (Part 125) « HaltingArkansasLiberalswithTruth

[…] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very […]
on July 18, 2012 at 5:54 am misterdamage

@pennywise: Fish don’t know that water is wet. People who live with socialism don’t know that it is socialism.
on July 17, 2012 at 11:13 am Bubba

What if you took the peasant’s question seriously. What *do* we need jobs for?
on July 17, 2012 at 8:48 am A Cartoon Showing the Logic (or lack thereof) of Keynesian Economics « International Liberty

[…] This Wizard of Id parody is the best cartoon about economics, but it teaches about labor markets rather than Keynesianism. Rate this:Share […]
on May 23, 2012 at 10:50 am Obama’s stupid idea that did not work!!! « HaltingArkansasLiberalswithTruth

[…] 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. […]
on May 17, 2012 at 7:06 am Obama has plans to give everyone everything free!!!! « HaltingArkansasLiberalswithTruth

[…] This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on May 7, 2012 at 12:55 pm An Amusing Lesson in Economics and Politics from Chuck Asay « International Liberty

[…] This Wizard of Id parody on redistribution by anonymous. […]
on March 7, 2012 at 11:44 am Fluke Humor | Sago

[…] 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. […]
on March 7, 2012 at 9:59 am Fluke Humor « International Liberty

[…] 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. […]
on February 7, 2012 at 7:26 pm Classic Cartoon on So-Called Stimulus Is Amusing and Economically Accurate | Sago

[…] 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 […]
on January 17, 2012 at 1:04 pm Understanding the Left-Wing Mind, as Illustrated by a Cartoon « International Liberty

[…] is this cartoon if you want to understand the economics of redistribution. Rate this: Share […]
on December 21, 2011 at 4:22 pm Amos Wright\

It’s missing the panel where the servant calls the guy in the crowd a racist.
on November 20, 2011 at 2:20 pm This Cartoon Does Show How Politicians Think « International Liberty

[…] if you want to teach economics, here are good cartoons about incentives, Keynesian economics, and unemployment insurance. GA_googleAddAttr("AdOpt", "1"); […]
on October 31, 2011 at 12:35 pm Taxes, Economics, and Halloween | Ask Lawyer

[…] seconds of the three-minute video actually contain some very good economics, roughly akin to this classic cartoon. Yes, incentives […]
on October 31, 2011 at 7:34 am Halloween Tax Video « International Liberty

[…] 30 seconds of the three-minute video actually contain some very good economics, roughly akin to this classic cartoon. Yes, incentives […]
on October 27, 2011 at 12:35 pm Political Humor: Translating English to Republicanese « International Liberty

[…] 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 […]
on September 2, 2011 at 9:11 am House of Eratosthenes

[…] From here. […]
on September 2, 2011 at 6:10 am Para quê? « O Insurgente

[…] Dan Mitchell) Classificar isto: Share this:FacebookTwitterStumbleUponEmailMaisPrintDiggLinkedInGostar […]
on September 1, 2011 at 1:01 pm Laimbrane

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.
on September 1, 2011 at 9:39 am tom daylight (@tomdaylight)

It’s not a parody of Obama. Someone’s photoshopped an Obama cartoon into the strip.
on September 1, 2011 at 7:29 am Keynesian Economics in a Cartoon « International Liberty

[…] you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very good. Rate this: Share […]
on April 20, 2011 at 3:35 pm Billy Solestis

pennywise: Not necessarily red, but certainly pink and on the way.
on April 19, 2011 at 6:11 pm pennywise, SR pennywise

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.
on April 19, 2011 at 5:37 pm What do we need jobs for? « The TrogloPundit

[…] Daniel J. Mitchell: This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics […]
on April 19, 2011 at 10:18 am alphonse

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.”
on April 19, 2011 at 4:55 am Simple Economics (in a Cartoon) « Boring Citizen

[…] From Dan Mitchell…. […]
on April 18, 2011 at 8:49 pm Mike

The funniest things always contain elements of truth… Awesome!
on April 18, 2011 at 5:26 pm This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics (via International Liberty) « radurgadeegadology

[…] 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 […]

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Restraining Government in America and Around the World

This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics

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This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics

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