Lets Play Policy
Storyboard Text
- Hey John, is monetarism the best economic school of the thought?
- Steve, that sure is a stupid question! Let me explain why...
- Steve, if this factory got absolutely nuked to smithereens, it would affect our ability to produce goods. This would negatively affect our short and long run aggregate supply, likely leading to a recession.
- Steve, Real Business Cycle Theory is the best tribe in economics because it is the most simple and REAL.
- It chalks up fluctuations in the economy to production shocks and technology changes that can be caused by REAL world events!
- The best part about Real Business Cycle Theory is its REAL solutions that make the world a better place. These solutions look to increase productivity and output through the advancements of education, medicine, technology, and infrastructure!
- Wow...what a great school of thought!!! Im soooo excited!!!
- Oh no! Doc, what happened to Steve?!
- Well John, Steve was so thrilled by the ideas of Real Business Cycle Theory, he ended up dying from excitement. Im sorry, but he is gone.
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