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Wednesday, October 3rd, 2007

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The best economics humor ever

A video parody of the Police song "Every Breath You Take" which purports to be from R. Glenn Hubbard, Dean of Columbia Business School, in response to Hubbard's being a runner-up to the Fed Chairmanship assumed by Ben Bernanke. In the video, a Hubbard look-alike sings about the pain of being passed over, and vows to keep a close eye on Bernanke should he make any mistakes. (Sample lyric: "First you move your lips / And hike a few more BPS. / When demand then dips / And the yield curve flips / I'll be watching you"). The video quickly became popular on Wall Street and in economics classrooms around the country. Steven Levitt, author of Freakonomics, called it "the best economics humor ever".

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