Difference between revisions of "1499"

Explain xkcd: It's 'cause you're dumb.
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{{comic
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#REDIRECT [[1499: Arbitrage]]
| number    = 1499
 
| date      = March 16, 2015
 
| title    = Arbitrage
 
| image    = arbitrage.png
 
| titletext = The invisible hand of the market never texts me back.
 
}}
 
 
 
==Explanation==
 
{{incomplete|Very early draft.}}
 
In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets. Some place give unlimited free chips while you are eating there. In the comic "hair guy" is taking advantage of this fact to turn a profit for himself. In the real world one wouldn't be allowed to carry bags full of chips out of the restaurant, nor is one expected to try to do this.
 
 
 
Title text
 
 
 
In economics, the invisible hand is a metaphor used by Adam Smith to describe unintended social benefits resulting from individual actions.
 
 
 
==Transcript==
 
[Cueball and Buzzcut are sitting at a table with a bowl of chips in the middle. Buzzcut has one hand in the bowl of chips, and the other hand behind him in a large bag marked "Chips".]
 
 
 
Buzzcut:
 
:'''They're''' the ones giving chips away!
 
:If they don't see the arbitrage potential, sucks for them.
 
 
 
[Below the main frame]: In a deep sense, society functions only because we generally avoid taking these people out to dinner.
 
 
 
[Title Text]: The invisible hand of the market never texts me back.
 

Latest revision as of 14:09, 16 March 2015

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