Posted on 04/21/2014 7:22:54 AM PDT by shove_it
Students from the class of 2014 have begun graduating. To mark the occasion, economist and blogger Craig Newmark and AEI's Mark Perry dug up a speech given by Nobel economist Thomas Sargent to graduates of Cal-Berkeley in 2007.
It's only 335 words long, but it's really great. It breaks down the 12 economic concepts that every graduate should know.
Check it out:
I remember how happy I felt when I graduated from Berkeley many years ago. But I thought the graduation speeches were long. I will economize on words.
Economics is organized common sense. Here is a short list of valuable lessons that our beautiful subject teaches.
1. Many things that are desirable are not feasible.
[...]
(Excerpt) Read more at businessinsider.com ...
Excellent article, well worth the click to Business Insider!
Thanks for posting.
I thought so too. You’re welcome.
It was also a bit refreshing that it’s all on one page, we didn’t have to click though a dozen pages, each with its own pop-up!
Wow! What did the assembled irrational Marxists think of that?
And given at Cal-Berkley just seven years ago. I don’t recall riots following the speech.
Actually, I still think Conan O’Brien gave the greatest graduation speech ever at Dartmouth.
Search for it on youtube.com - you won’t be disappointed.
Here it is, all eleven pdf pages of it ...
I’ll put my research bill on your tab,
Cheers,
Otter
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