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Saturday, May 30, 2009

Geek Economists, not Geek Ecologists

Hat tip to Andrew Sullivan for the link. I love this: comics commentary from economists. It's Eco-comics!:
Finally, aside from investment from within our planet, economic growth can be sped along by Foreign Direct Investment (FDI) inflows from other civilizations. But what’s surprising is that with an entire galaxy of highly advanced civilizations, no interplanetary investment seems to be reaching earth. Capital should flow to where its return is highest. Being mere humans in a giant multiverse of galactic powers, it’s a fair assumption that earth is an LDP (less developed planet) with a comparatively small capital stock. According to the Solow model, alien entrepreneurs should be jumping at the opportunity to invest in Earth. Add a growing stock of technology from metahumans and falling debris and you can get productivity and standards of living rising indefinitely. The only thing I can think of that deters aliens from investing is the unstable sociopolitical climate. I mean, who really wants to deal with the risks of a Luthor presidency or an Emperor Joker? It seems that now, more than ever, the earth needs superheroes to stamp out crime so that other planets might feel safer about their investments.
Beating up Lex Luthor is all part of Obama's stimulus plan. And I love the idea of alien empires buying up American companies to prop up the stock market. Thanagarians buying Boeing. The Brood taking over Perdue Chicken. Turin buying Chrysler....

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