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Rorschach Economics
Gregor Smith of Queen's University has discovered an amazing new relationship, Japan’s Phillips Curve Looks Like Japan. John Palmer of EclectEcon believes that the result may be systematic as he has discovered that Canada's Phillip's Curve looks like Canada.
Obviously these people are crazy. Smith and Palmer clearly do not understand Marshallian
macroeconomics - everyone knows that the Phillip's Curve looks like this country.
Posted by Alex Tabarrok on November 1, 2007 at 07:12 AM in Economics | Permalink
Comments
In the long run, isn't the Phillips Curve supposed to be vertical? If so, my next project should be to look at the Phillips Curve for Chile.
Posted by: EclectEcon at Nov 1, 2007 7:27:34 AM
There is nothing like a good economics joke in the morning. Nothing!
Posted by: Riskprof at Nov 1, 2007 8:22:51 AM
There is nothing like a good economics joke in the morning. Nothing!
Posted by: Riskprof at Nov 1, 2007 8:23:06 AM
Likewise, annual cigarette consumption looks like the state of Virginia.
Posted by: mobile at Nov 1, 2007 9:06:26 AM
In a similar vein, how many papers have been published by social scientists in which the scatterplot looks pretty much like a cloud (see Marshall Islands map above) except for a few points lining up to the northeast?
These will look pretty much like the male symbol http://bestuff.com/images/images_of_stuff/210x600/male-symbol-17611.jpg
Most of these papers will have male authors, or female authors who have had, or hope to have, relationships with men. Coincidence? Maybe ...
Posted by: ZBicyclist at Nov 1, 2007 9:40:51 AM
Gotta love MR!
Posted by: Rich at Nov 1, 2007 11:10:18 AM
Great job making a graphic which places the Phillips curve next to the map. I can't believe the original author put them on separate pages!
Posted by: Matt at Nov 1, 2007 4:13:51 PM
Another kind of figure/ground analysis: Venice is shaped like a fish. Economic survival in an aquatic environment? http://www.msa.mmu.ac.uk/continuity/index.php/2006/10/31/venice-is-like-a-large-fish/
Posted by: stoneroberts at Nov 2, 2007 9:25:31 AM
What about the curves for Vietnam and Italy which have similar shapes on the map?
Posted by: Rafe at Nov 2, 2007 8:32:43 PM
The Phillips curve actually exists in many countries/
Kitov, Ivan, 2007. "Exact prediction of inflation and unemployment in Japan," MPRA Paper 5464, University Library of Munich, Germany.
Kitov, Ivan, 2007. "Exact prediction of inflation and unemployment in Canada," MPRA Paper 5015, University Library of Munich, Germany.
Kitov, Ivan, 2007. "Exact prediction of inflation and unemployment in Germany," MPRA Paper 5088, University Library of Munich, Germany.
Ivan O. Kitov, 2006. "Inflation, unemployment, labor force change in the USA," Working Papers 28, ECINEQ, Society for the Study of Economic Inequality.
Posted by: kio at Nov 4, 2007 4:04:48 AM
This is just some general praise for Professor Smith at Queen's University.
I'm a grad student here now, but I also completed my undergrad here. In my fourth year, I asked him to sign a copy of this paper for me. I'm glad to see the humour has reached MR and gotten the laughs it deserves.
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