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The Monetary Economics of Thurston Howell III
DLWormwood writes "In what has to be the Strangest... Essay... Ever... The libertarian Ludwig von Mises Institute website has posted an essay which goes way too in-depth over the topic of why the castaways of Gilligan's Island used Thurston Howell III's 'worthless paper' instead of gold or seashells."
Why did he feel the need to write a essay on what is entry-level economics
You answered it in number one. Libertarians love to share their revelations about the overly-simplistic and often preposterously naive models for the workings of their world. Example: try talking to a Libertarian without getting a recommendation for an Ayn Rand book. Just try. It can't be done.
Libertarian: I just discovered that America is run by a two-party duopoly! And on every issue except a handful a hot media topics, they're in very close agreement policy-wise!
Normal Person: ...and this is news in what way?
Libertarian: Don't you see? This means that the only thing to do is vote for a candidate who is even MORE frightening than either of the major party offerings!
Normal Person nods and pretends to be interested, remembering never to talk to Libertarian again.
Damn you moderators and your inability to recognize the joke. Mod this one down too, I dare you. That way you won't be able to waste it on somebody else's post that didn't deserve to be modded down.