Economics is fun! Or…well that’s what I heard on Youtube.

Is that an actual window behind him? Looks like a spaceship’s bridge. I keep expecting the Tardis to appear on the street there behind him.

My favorite part:

“You suppose that the value of a thing consists of the labor it took to make it. That’s the mistake that Karl Marx made. No. You could put as much labor as you like into the thing. Guess what it’s worth if nobody wants it? The answer is: a big fat zero.”

That’s Dr Madsen Pirie, by the way. President of the Adam Smith Institute. He’s doing a whole series of these short videos on economics. I think I might keep posting them as they go up.

Let the “Dr. Madsen Pirie” tag be created!

UPDATE - Wiggy recognized the window!