-A social science discipline with a contemporaneous logical framework that's based completely on the assumption that scarcity is a problem intrinsic to society. The effect of which justifies greed as a virtue.
-An institutional requirement for dime-a-dozen business majors, usu. taught by middle-aged, overly opinionated, white males in need of serious cultural experiences.
-Taught by sports coaches in high school as the study of "common sense."
-An institutional requirement for dime-a-dozen business majors, usu. taught by middle-aged, overly opinionated, white males in need of serious cultural experiences.
-Taught by sports coaches in high school as the study of "common sense."
Teacher: "Economics studies how a society chooses to allocate its scarce resources among alternative uses."
Student: "What if the society's resources cease to be scarce?"
Teacher: "How is that even possible?"
Student: "The society's productivity meets or exceeds the point of what it needs to sustain itself."
Teacher: "But individual material DESIRES are infinite!"
Student: "Only in a society that breeds such nonsense."
Student: "What if the society's resources cease to be scarce?"
Teacher: "How is that even possible?"
Student: "The society's productivity meets or exceeds the point of what it needs to sustain itself."
Teacher: "But individual material DESIRES are infinite!"
Student: "Only in a society that breeds such nonsense."
by haaaaaze September 13, 2009
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The way you find out how fucked up a country is!
And how the government is stealing from its citizens!!!
>:(
And how the government is stealing from its citizens!!!
>:(
by ur freakin brain speaking 2 u! October 18, 2009
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by insub2 January 19, 2013
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A class taught to most high school students about how a society manages its scarce resources. It is comprised of a handful of mildly persuasive concepts pumped full of jargon and needlessly represented by graphs to deter intelligent people from realizing that this is not a real science.
Much like intelligent design, economics is a popular psuedo-science that intellectual humans would overlook.
The self-proclaimed “social science” contrastingly strives to ignore more of human nature every few years with a book written by a middle-aged man who realizes that he is not smart enough to discover anything new in a real science.
The self-proclaimed “social science” contrastingly strives to ignore more of human nature every few years with a book written by a middle-aged man who realizes that he is not smart enough to discover anything new in a real science.
by Sir Heartless Bastard October 15, 2005
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Shitty major. The most useful is Econ 101 which you will probably attend sometime at college. Any further study of this 'science' is a total waste of time.
No studying Economics will not help you become an investment banker.
What if I want to do a PhD. Well you will realize that you don't know enough Math to do a PhD in Economics. Go study something more interesting.
What if I want to do a PhD. Well you will realize that you don't know enough Math to do a PhD in Economics. Go study something more interesting.
by Pepe April 08, 2004
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The theoretical study of using made up science to explain everything. Economists typically live on boats.
by I'm online as 3 July 29, 2021
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