Busted In Economics. Redux.

Flash forward. 3 Days. A class after Hurricane Economica.

Square 1 has never looked more familiar.

Despite efforts, I am still not up to date with the case. I have some ideas though. They are on broad artistic lines. Point/Arc elasticities are so confusing. I would stick to what I feel might have happened.

The OPEC bastards have had a gun to our collective heads for the last 30 years.

"Carlos, The Jackal.. Where Art Thou? And Where Art Thy Gun, Bugger ?"

5 minutes before class commences, I make some curves. I draw beautifully. Or at least I think. The case emerges in my mind. I forget the case statement. Why not cut some strings and let the imagination soar ?

Epilogue. Nearly.

I have not covered income elasticities because... well... imagination has its limits.
But I feel generally OK. I have done some things. Images of me with my sleeves rolled, glasses perched and hands flexing on the board fleetingly pass through my mind.

I sit next to this very pleasant lady. Our seating is decided by professional casino gamblers at the beginning of the week. My cards normally suck.Don't get me wrong. Mr. Brown has exchanged seats with pleasant lady. Pleasant change. Pleasant lady tells me that my supply curve is wrong because no extraneous factors have influenced supply. It is simply a movement along the same curve. Not very pleasant. I cringe. I also keep a straight face.

Icarus anyone ?

Epilogue. Almost.

5:30 PM. The class is over. The Prof. has decided to take the case in the next class. I have escaped another working over. A feeling of relief. Mr. Brown and I slap palms. G S gives me a half hug. It is about as much affection as he shows. Wow!!!

Epilogue. Finally.

The leopard has still not changed its spots. The case continues to gather dust.

Ashes to Ashes. Dust to Dust.