A hot economics formula

Matt Nolan reports that there are now 12 New Zealand blogs written by economists

… that is approximately one per 358,333 people.
This is epic. It makes me proud of our country.

He is possibly being ironic. In another post he quotes this:


Call me a former maths student but that rocks. I miss formulae like that so much. It’s great editing novels and biographies and Brian Turner, but what I really want for my next job is a maths textbook. Is that so wrong?