...it's easy to understand. My friend D-Cup over at Politits has come up with a sure-fire fool-proof way of explaining Economics 101 to the masses.
Just think of it in terms of food:
The Law of Diminishing ReturnsThere's more, including the immortal "potato chips as trickle-down economics". Go ahead and read the whole thing. It's the most succinct and understandable explanation of the "dismal science" that I've ever seen.
Let's say I'm craving Oreos. The first one tastes fabulous! Yum, yum, yum. The next three are delicious! As I continue to finish off the whole damn bag? Each consumed Oreo doesn't taste as great as the last.
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