Google+ A Tangled Rope: Economics and Llama Theory

Friday, December 30, 2011

Economics and Llama Theory

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Mesopotamia Cheesebender was arguably the 20th Century's greatest and most eloquent exponent of what later became known as Llama Theory, which is odd because it is a documented fact that Cheesebender not only had a fear of all animals that he regarded as 'excessively bushy' like sheep and llamas, the theory itself had very little to do with llamas.

The economic theory known as Llama Theory was a rather complex and obsessively detailed examination of the effect of government actions on the economy. Cheesebender’s theory proved that no matter what they do, despite whatever political philosophy they follow – of right or left (or, as in the modern world, a hodgepodge of both) – the actions of a government could only ever completely screw any economy they were allowed to get their hands on. As Cheesebender himself said: ‘Governments are much like a lonely llama-herder out watching his flock late at night and spotting a rather comely young llama’.

It is a well-known fact among political theorists that governments can only ever make things worse, and that the more government there is the worse everything gets. However, until Cheesebender's theory came along most economists had not paid that much attention to governments and the role they played in the economy. That is unless – of course - those economists were either paid as advisers by that government, in which case everything that government did turned out to be good for the economy, or if they were paid advisers of the opposition parties – who then discovered everything that government did was bad for the economy. This is why most people didn't pay that much attention to economists, especially those that couldn’t get a job in government, or even opposition, and so became Marxists and therefore sported an over-excessive amount of facial hair for anyone to take them seriously as political or economic commentators.

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