Economic Policy: Birds are starving feed horses more oats

[coberst]

Economic Policy: Birds are starving feed horses more oats

Economics is one of several domains of knowledge for which I have an aversion. I did take a course in economics in college many years ago and it dealt a heavy blow to my grade-point average.

This fact may be evident by my question; isn’t there a better economic policy than feeding the birds by giving the horses more oats?

[Flux]

I'm confused. Is that supposed to be some sort of metaphore? Could you elaborate a bit? I am also baffled by economics a large portion of the time, mostly due to the fact that as of yet I have limited life experience with it. I have respect for it as a domain of knowledge though--although my own interests tend to be more abstract, economics as a study is extremely important, and I have a good deal of respect for honest people involved in it.

[Thomas Knierim]

Economics is dead boring... until you introduce game theory. Too bad that Marx didn't know about it. Otherwise the three tomes of drivel which is The Capital might have been prevented.

I can't help wondering what this has to do with horses and oats.

Cheers, Thomas

[coberst]

Have you never seen birds feeding on the undigested oats in horse droppings? Analyze the economic policy of capitalism in America. An example might be when we pay CEOs 600 times what we pay the average worker; or when we cut the taxes for the wealthy so that they can build more factories.

Some might call this a trickle-down economy.

[sonrisa]

Originally Posted by coberst

Have you never seen birds feeding on the undigested oats in horse droppings?

-- nope, but then I'm a city girl born & raised

& the economy is getting ready to hit the fan

[coberst]

I have little knowledge in economics and have no specific proposal to make things better. However, like all ideologies capitalism has deluged us with a constant refrain that for the good of society we must have very rich people so that they can create jobs for the rest of us. I think that it is important for the rest of us to occasionally peek behind the curtain and then critically examine the policies that sometimes serve a good purpose but in other times the purpose served is more that of self-interest for those making the policy.