December 16, 2017

The Hobbit and Economics

Smaug's gold

Frances Woolley of Worthwhile Canadian Initiative, a Canadian economics blog, presents an entertaining, short, and informative piece on The Hobbit and economics. The dragon, Smaug’s, hoard of gold is reminiscent of some hedge fund managers’ own stockpiles. Smaug the dragon is typically viewed as a fiscal phenomenon, depressing economic activity by burning woods and fields, […]