Does anyone have any details?
There was just a Keynsian vs, Austrians joke on The Simpson.UPDATE A couple of commenters have pointed to a Mises forum report on the Simpson mention of Austrian economics:
— Scott Shackford (@SShackford) January 14, 2013
Mr. Burns is increasing energy costs and says...
I've assembled a team of distinguished economists...and placed plausible rate hike percentages on their backs. We'll use unfettered free market principles to arrive at a number.
----There is a picture of several people with "11%, 17%, 22%, 15%" etc. saftey-pinned to their backs.
Burns then says squinting his eyes,
Release the hounds...
The economists then turn and run as the dogs chase them. The town folk watch, jaws dropped. Then Mr. Burns says to Smithers,
Notice how the Keynesians climb trees while the Austrian school economists hide under rocks!
Smithers replies very dryly,
hahaha. Harvard jokers. It is funny because it is an accurate simple analogy for a problem that is coming for them!
Rates rise by 17%. Then Mr. Burns releases the radioactive steam onto the people who run away screaming.
Homer makes a joke about throwing away consumer goods like a good american later as well. Good episode.
I don't watch The Simpsons, so outside of Homer, I don't know who the other characters are, and it doesn't seem from the description above that there was any explanation on the show of what Austrian economics is. Nevertheless, it is fascinating that a popular mainstream show, such as The Simpsons, even mentions Austrian economics. That looks like progress to me.
UPDATE 2 Here's the video.