Monkey see, monkey get angry

Posted: 22 August 2012 in Uncategorized
Tags: , , , , ,


I have no idea why Greg Mankiw posted this video (he provides no commentary).

Perhaps it’s because of Frans de Waal’s analogy between the angry monkey and the Occupy Wall Street movement. Maybe it’s to buttress Mankiw’s use of neoclassical economics to justify inequality (here, here, and here) in the face of our animal instincts of “inequity aversion” (as discussed in Sarah Brosnan and de Waal’s original 2003 research).

Leaving aside evolution, it’s bourgeois society that promises fairness in the realm of commodity exchange, which is violated as soon as we leave the realm of exchange and see that one class is able to appropriate—for doing nothing—the surplus created by another class.

  1. Magpie says:

    Well, as everybody who knows me personally can confirm, I am an inherently optimistic bloke.

    I hope Prof. Mankiw is trying to learn from his betters. 🙂

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