Thursday, October 8, 2009

Econ 101 Victims

The European Milk Board is in Brussels protesting dropping milk prices which they claim are now below 75% of production costs. Apparently unaware of Adam Smith's Invisible Hand, the board seems to be shocked to find that as subsidies are reduced, the price of their product is dependent on actual demand.

Rather than accepting the natural course of economic forces, this farmer chose to attack police with milk.

As the picture (and nifty reverse angle shot) shows, the police are udderly terrified.

(What you thought you could escape without a pun?)

New York Times (via Neatorama)
Oddly Enough

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