Thursday, March 26, 2009

Start Your Day with a Chuckle

It's always fun to start the day off with a cartoon that helps explain an economic concept. Today's Non Sequitur offers just such an opportunity.

(I must admit, I'm reminded of the time a criminal (Machine Gun Kelly?) was asked why he robbed banks. His alleged response was "That's where the money is.")

This post relates to the following Keystone Economic Principles:
5. Incentives produce “predictable” responses.
9. Prices are determined by the market forces of supply and demand…and are constantly changing.

No comments: