PrintMarch 8, 2009
The Scrooge McDuck Myth
Did Barack Obama learn what he knows about wealth by watching Disney cartoons?Those of us keeping up with Forbes Fictional Fifteen may be aware of the world's richest duck. The miserly Scrooge McDuck is now valued by the scribes at a respectable $28.8 billion, topping the list as the world's richest fictional character. I grew up watching the Disney cartoon Duck Tales, featuring Scrooge and his adventurous nephews Huey, Dewey, and Louie. Sad as it may seem, I'm beginning to think that a lot of people learned economics from Saturday morning cartoons.Sitting on a promontory overlooking the town of Duckburg, Scrooge placed his vast money bin, a secure vault holding literally several cubic acres of cash. Scrooge would relax by swimming in the change, which he could count to precision. On more than one occasion a quick swim would notify the penny-pincher of individual missing pennies.Of course with the economy going down the drain under the guidance...(Read Full Article)
