2013-09-19
Original: 2013-09-19 on Saturday Morning Breakfast Cereal
Transcript
Title: KNOW YOUR BRANCHES OF ECONOMICS:
Legend:
(red square) HOW WELL THEORY DESCRIBES SCENARIOS IT CONSIDERS
(blue square) HOW LIKELY THOSE SCENARIOS ARE TO OCCUR IN REALITY
A two-axis chart.
Vertical axis (red): top end labeled "describes well", bottom end labeled "describes terribly".
Horizontal axis (blue): left end labeled "will never happen", right end labeled "happens constantly".
Plotted points:
microeconomics — upper left (describes well; will never happen)
macroeconomics — lower right (describes terribly; happens constantly)
Votey:
SHAME ON THE THREE OF YOU WHO ENJOYED THIS JOKE
Legend:
(red square) HOW WELL THEORY DESCRIBES SCENARIOS IT CONSIDERS
(blue square) HOW LIKELY THOSE SCENARIOS ARE TO OCCUR IN REALITY
A two-axis chart.
Vertical axis (red): top end labeled "describes well", bottom end labeled "describes terribly".
Horizontal axis (blue): left end labeled "will never happen", right end labeled "happens constantly".
Plotted points:
microeconomics — upper left (describes well; will never happen)
macroeconomics — lower right (describes terribly; happens constantly)
Votey:
SHAME ON THE THREE OF YOU WHO ENJOYED THIS JOKE
Alt text
A hand-drawn two-axis chart titled "Know your branches of economics." A red legend square means "how well theory describes scenarios it considers" and a blue square means "how likely those scenarios are to occur in reality." The vertical red axis runs from "describes terribly" at the bottom to "describes well" at the top; the horizontal blue axis runs from "will never happen" on the left to "happens constantly" on the right. Microeconomics is plotted in the upper-left corner: it describes its scenarios well, but those scenarios will never happen. Macroeconomics is plotted in the lower-right corner: its scenarios happen constantly, but the theory describes them terribly. The votey (aftercomic) is a single panel of bold text reading: "Shame on the three of you who enjoyed this joke."
Transcribed by Claude Opus 4.8.