"The Economist" Sets Up Academy at Babalú

"Cobbler, stick to your last," I guess.

Henry "Economist" Gómez has gifted the readers of Babalú with his own cobbled together "Econ 101" course. His personal observations are, as always, amusing. Henry is never funnier than when he is trying to be serious. Here he writes that "a lot" of what Ron Paul says about economics has "a kernel of truth in it." Oh, no, Henry, not a kernel but a fullgrown beanstalk. Of course, as Henry, proud possessor of a BA in economics from the University of Florida, reminds us: "Ron Paul is a psysician not an economist." Actually, he's an abortionist, which is a practical Malthusian. Henry himself has recently proven his own deep knowledge of economics with the observation that ad-men make more money than journalists. Although not a Rule of Economics, it does usually hold true. Certainly as long as Henry is paid $25 per article the differential will hold fast as far as he's concerned.

As for his video course in five installments of 5-minutes, well, Universidad del Aire it is not. But in just 25-minutes you can know as much about economics as Henry does. Still, you probably already know more.