Monday, March 14, 2005

The best economist's doggerel 

John Chilton has remade "If I had a hammer" for economists. Sing along!
Well, I've got a hammer
and I've got a bell
and I've got a song to sing
all over this world

It's the hammer of tradeoffs,
it's the bell of equilbrium,
it's a song about trade between
my brothers and my sisters
all over this world
Protectionists everywhere, take heed of the music in our ears.

(H/T: The Eclectic Econoclast.)

UPDATE: Craig Newmark offers more gains from specialization and exchange. Yowza! Maybe it will help get the song out of your mind, Ed.