Birds Do It, Bees Do It. Economists? Never!

The staid Brit journal The Economist needed to illustrate their cover story “The Trouble With Mergers,” about problems resulting from recent corporate couplings. “It’s quite difficult to illustrate corporate mergers,” said editor-in-chief Bill Emmott. He settled on a photograph of a pair of copulating camels. Rejecting mating elephants, hippos and rhinos, he chose the camels partly because of the old joke that a camel is “a horse designed by committee.” (Los Angeles Times) ...And don’t make fun, or we’ll jack up interest rates.