The 10 Principles of Economics, Translated

I am not an economist, nor do I play one on the internet. In fact, I’ve never taken a formal course in economics in my life. (A fact which my several economist friends occasionally remind me is far too obvious to require being stated.) Still and all, much of what interests me as a blogger has, at the very least, economic implications, so I’ve done a bit of reading on my own over the years. Imagine my chagrin to discover I could have just watched the following, instead:

[N.B. — As one of the new kids on the block, I have no idea what has or has not been posted by others here before me, so let me just apologize in advance if some of the things I post such as the above are already well known to the Ordinary Gentlemen and their honored guests.]