In response to an FT article by Yuan Yang on 19th January 2016, entitled 'Davos 2016: The four big themes facing the World Economic Forum'
Hardworking elites need some entertainment to lighten the load of these weighty topics. This year I feel that the entertainment should come from the central planners who have done so much to depress everyone in the past year, not to mention the effect that they've had on the economy itself.
Some may say that making people laugh is not the point of central planning, but when you see an office block being blown up in China after 5 years of standing idle, and you consider that both the construction, and the demolition, have contributed to GDP, I think you'll agree that these guys have a great sense of humour.
The show will be akin to the Edinburgh festival, with each central planner running his or her own little 'review'. Here are some suggestions:
Stage One – Paul Krugman - In honour of his 'cutting edge' column in the NYT, the Professor can charm the elites with his own parody of socialism and fiscal abandon entitled “Mock the Weak”
Stage Two - Alan Greenspan, Ben Bernanke, and Janet Yellen at their improvisational best in “Whose dime is it anyway?”
Stage Three - Larry Summers takes a stagnant subject and makes it secular with his new situational comedy, “Faulty Powers”
Stage Four – For those who like traditional comedy Mr. Abe teams up with Mr. Kuroda to reprise that politically correct TV show from the 1960s “Never mind the quality feel the width”.
Admission will be included in the $25k Davos admission charge – there is no need for anyone to be greedy.