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Economics at the Movies: Its a Mad Mad Mad Mad World!
29th August 2011
I love this film! Often shown on a Sunday afternoon when I am sat doing some marking, it features some of the comedy giants of the 1960s including Phil Silvers, Spencer Tracy, Terry Thomas and Ethel Merman. A man dying in the aftermath of an auto accident tells some bystanders that he buried a fortune under a big W in a distant town (Santa Rosa, CA). The bystanders could easily agree to share the information and the loot and reach a cooperative solution. Instead they choose each one for themselves and head off on a zany chase in search of the money. I wont give the ending away! How about using this clip when teaching cartels?
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.