Topics » Business & Economy   Jan. 3, 2012

Laughing at Macroeconomics: The Cartoon Introduction

When the economy gets bad

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Photo: Grady Klein and Yoram Bauman.

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When the economy gets bad

Cartoonist Grady Klein didn't study economics in school - something he considered an asset going into the two books.

"Having absolutely no background in the subject matter allows me to ask different kinds of questions," he said. "I was able to scour jargon that is confusing or mind-numbing. Yoram is sensitive to this and he's very good at replacing jargon with plain English."

Here, economist Yoram Bauman talks about how economics explains things that go horribly wrong:

How do economists explain when things go horribly wrong? by PBSNewsHour