How NOT to do economics by Dr. Kim Jong-un

Doubtful News indeed. As I noted from @mirandachale on Twitter, who clued me on in this story, it is NOT The Onion.

Following Dear Leader, Kim Jong-un Gets Title From University – Dr. Leader – NYTimes.com.

North Korea has long been known for its love of titles for its leaders. Mr. Kim’s grandfather, the nation’s founder, was known as the Great Leader; his son, the Dear Leader. The country seems not yet to have decided on the same kind of moniker for Mr. Kim — settling for workaday titles like marshal of the military. But now a university in Malaysia has bestowed upon the 30-year-old leader an honorary doctorate that allows him to spruce up his title count.

If the North Korean state news agency has it right, the particular doctorate is perhaps as much of a surprise for those outside the isolated nation as the honor itself. Dr. Kim, it says, is now a doctor of economics. The news report does not mention that he oversees one of the world’s poorest and most dysfunctional economies.

It didn’t go over well in the press outside the troubled nation. But this is a thing: North Korean diplomats often persuaded universities to bestow honorary degrees to the leaders. You know, to pad their resumes and add to the list of titles that have to be read when they appear places. SA-WEET!

While there hasn’t been a famine in North Korea for a while, the new Kim’s policies have been so oddball that UN sanctions have been imposed, certainly NOT good for the economy.

There you go, your LOL for the weekend.

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  8 comments for “How NOT to do economics by Dr. Kim Jong-un

  1. October 26, 2013 at 6:35 PM

    Only surprised he didn’t get it from the false American uni in London who recently gave a Masters to a dog – for a fee of course.

  2. Harold Renshaw
    October 26, 2013 at 6:49 PM

    Yeah, but can that dog ruin an already ruined country? Kim can. So there smarty dog!!

  3. One Eyed Jack
    October 26, 2013 at 8:11 PM

    What, hanging out with Rodman isn’t endorsement enough?

  4. October 27, 2013 at 4:05 AM

    Why have it in for Jong-un. He doesn’t look too bright and he didn’t apply for his job. He had no say about the family into which he was born, or about the set of genes that make him as he is, Rather than sanctions we should be friendly with North Korea. It will change, possibly sooner than expected. I can see China changing before the current 10-year rule ends and NK will have to change then.

  5. Blargh
    October 27, 2013 at 6:15 AM

    @ Michael

    Rather than sanctions we should be friendly with North Korea. It will change, possibly sooner than expected.

    No! Because if it’s anything history has taught us about sanctions, it’s that they excel at… err… umm… toppling regimes? No, wait, that doesn’t happen. Hmm… punishing a country’s leadership without harming the civilian population? No, not that one either.

    Oh, now I remember: punishing civilian populations while keeping regimes in power.

    Nevermind. Carry on.

  6. October 27, 2013 at 6:22 AM

    @ Blargh

    There’s only one thing that changes anything/everything, that is evolution. Whatever we do or don’t do that happens anyway.

  7. One Eyed Jack
    October 27, 2013 at 8:16 AM

    You’re so right, Michael. We should ignore totalitarian regimes that treat their citizens like cattle.

    As a side note, please stop misusing the idea of evolution. Evolution does not cause change. Evolution is change.

  8. Chris Howard
    October 27, 2013 at 9:20 AM

    Economics is a science? Who knew?

    My favorite theory is rational self-interest. Only an economist, completely, then willfully ignorant of the fact that human beings aren’t the least bit rational would peddle that garbage.

    I on the other hand study psychology. The paragon of scientific methodology, and air tight theories. ;-)

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