The Devil’s Dictionary of Economics
Search For: (All Definitions Starting with the Letter: H)
Definition Total: (11)
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| Harvard MBA |
Considering that they gave one to George Bush, it can’t mean much – not at all like the prestigious math degree that I got from the University of Nevada, Reno. UNR has too much pride in their program to give a diploma to some pampered rich boy with no more brains than God granted a cantaloupe.
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| Hayek, Friedrich |
He’s got his damned triangle backwards! According to the Subjective Theory of Value, it should extend forward into the future, not backwards into the past. See Austrian Economics.
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| Health Report, Delayed |
"One of the problems has been getting the doctors together and getting everybody ready to meet at the same time," said John McCain, "But there are plenty of them – more than will fit in one room, actually. At my age, it takes a hundred medical doctors, a dozen shamen and two full-time embalmers to keep me looking young."
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| Helicopter Drop |
Suspending the Federal Reserve chairman from a helicopter by his feet until he agrees to stop printing money and giving it to fat-cat bankers.
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| Hemorrhaging Money |
What Detroit automakers have been doing for some time now. If my business ran in the red for three months in a row, I would be homeless. But the ability of big companies like General Motors or Ford to obtain bank loans apparently goes unquestioned. This observation supports my answer to The Question. See Bankruptcy.
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| Hilbert, David |
“I believe: Anything at all that can be the object of scientific thought becomes dependent on the axiomatic method, and thereby indirectly on mathematics, as soon as it is ripe for the formation of a theory.” See my Simplified Exposition of Axiomatic Economics.
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| Hill, Karl |
“Much of our meager savings and massive borrowing has gone into housing. How convenient it would be now if mansions and subdivisions could be exported, to improve our foreign trade balance. Since they cannot be exported, perhaps the foreigners who own our massive debts can be repaid by coming to live in our McMansions, with the homeowners serving as houseboys and house maids to the visiting Japanese and Chinese owners of our debt.” See Bonner and Wiggin.
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| Hillary Hustle |
A dance that never gained much popularity, as the ladies were unable to find any men who were willing to accompany them on the dance floor. Hillary Hustlers have now (reluctantly) agreed to join in the Obama Two-Step. In spite of all their talk of unity, steel-toed dance shoes are recommended at this year’s Democratic Party convention.
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| Hoppe, Hans |
Co-wrote, with Joseph Salerno, the brave and inspiring mission statement for the Quarterly Journal of Austrian Economics. Also see Action Axiom.
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| Horne, Tom |
“I believe people are individuals, not exemplars of racial groups… It is fundamentally wrong to divide students up according to their racial group and teach them separately.” I agree. If the $2.6M Tucson spends on raza studies were spent on honors math classes instead, there might be more of an audience for my Simplified Exposition, which has proven to be not so simple for students who have spent their lives wallowing in victimhood instead of trying to pull themselves up by their bootstraps in a math class. See Romero, Augustine.
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| Huckabee, Mike |
His forum had the header, “Join Mike Huckabee and his Holy Crusade against Muslims.” Actually, we are at war with Al Qaeda, not Islam. Unless Huckabee is prepared to kill one out of every five people on the planet, he might want to tone down the “holy crusade” rhetoric. I posted a link to my paper, War between the Mice and the Weasels, they misread it, thought I was a Paulite and denounced me as an “infernal beast from the pit.” Honestly, I’ve had more intelligent conversations with two-year-olds.
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