January 10, 2017

Scarcity economics, Soviet style

As the former Soviet Union was reaching its end a typical political joke was about a man who always complained that Communists had run out of everything - food, toilet paper, consumer goods, and so on. So the KGB brought him to their office and tried to explain that the country was going through historic changes and we all needed to be patient.

"You should be thankful this isn't the old days when you could be shot," the KGB officer said, pointing a finger to his head.

To which the man responded, "Ah, so you've also run out of bullets."

Hat Tip to Oleg Atbashian at thePeoplesCube

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