I see from Kthug that the Jackson Hole economics symposium is coming up soon. Aspen, Davos, Jackson Hole…how are they different and how are they the same? Are there other things like this? I can’t keep it all straight.
Sittin’ in a bar,
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Butch
All held at luxurious destinations unafforadable to most people?
trollhattan
No idea, but if I parked myself in Jackson I wouldn’t get any work done because it’s drop-dead gorgeous. I’d be out bothering moose and considering the derivation of “Grand Tetons” and how it relates to perfectly tanned rich women.
Butch
That would be “unaffordable.” Sorry.
Bulworth
I don’t know but I’m sure everyone will conclude that yes it’s a shame the economy sucks and lots of Americans don’t have jobs but we can’t do anything about it except cut spending and the deficit.
General Stuck
They are the same because each year, there are new scams to be discovered for separating the poor and middle class from their cash.
They are different, because each year, there are new scams to be discovered for separating the poor and middle class from their cash.
Hope that clears it up for ya.
Tom Johnson
I always thought it was “peddlin’ a jar,” a reference to selling speed. I just checked and at least one lyrics site says “tipplin’ a jar,” which strikes me as a bit dainty for Jagger/Richards. Still, I don’t think “nibblin’ a jar” makes any sense at all.
Tom Hilton
They’re totally different. Aspen is named after a tree; Davos is named after a character in the Song of Ice and Fire; and “jacksonhole” is an insult used commonly in the early part of the 19th century (e.g., “the President is a real jacksonhole, isn’t he?”). There’s no way anyone could confuse them.
nellcote
There’s the Bohemian Grove where they get naked and dance in the woods.
http://www.washingtonpost.com/blogs/blogpost/post/bohemian-grove-where-the-rich-and-powerful-go-to-misbehave/2011/06/15/AGPV1sVH_blog.html
TheWorstPersonInTheWorld
What is with these moronic posts in which you pretend you have never heard of google search?
Big Baby DougJ
@TheWorstPersonInTheWorld:
I read about them and I still can’t figure it out. Can you? I thought maybe an economist reader would know.
Corner Stone
@TheWorstPersonInTheWorld:
Or as I call them, the “Derrr, really?” series of posts by DougJ.
Pretty soon he’s going to start sounding like Fat Tony on The Simpsons when he testifies.
Chief Wiggum: You wouldn’t happen to know anything about a cigarette truck that was hijacked outside of town, would you?
Fat Tony: What’s a truck?
Chief Wiggum: Don’t play dumb with me!
trollhattan
Also, too, said jar from which to tipple, or nibble or…would be well taken at the Million Dollar Cowboy Bar.
http://www.milliondollarcowboybar.com/
Hey, when you’re a tourist, act like a tourist, damnit!
C.S.
What do they have in common? High altitude. Oxygen deprivation makes it easier to swallow the shit being shoveled by the Friedmanistas.
Joel
Sure, conferences. Fortunately, (most) scientific conferences exist outside of the purview of the media, so we don’t have an inordinate number of douchebags wanking around.
hondamikesd
Jackson Hole is actually kind of important. All of our Galtian overlords tune in to hear the Bernanke speak, last year it gifted them with QE2 and an equity boom (and us with commodity inflation). They’re waiting to see if they get another present tomorrow.
Culture of Truth
Apparently the Fed Chair gives a breathlessly anticipated speech every year at Jackson Hole during which your fate for the next 12 months is determined.
Culture of Truth
All 3 are good places to go Galt, should the need arise.
fasteddie9318
Well, I know KY sponsors the Aspen circle jerk, and Vaseline sponsors the one at Davos, but I’m pretty sure that Jackson Hole is BYOL.
Dollared
And none of them are a near a beach, so (all of these lard-assed shits who should rightfully be sentenced to work in the rice paddies for the rest of their miserable lives) are not ever in a situation where they would have to wear a bathing suit.
clone12
Jackson Hole has been around since 1978. Think Fed on TED.
gene108
Surprised Big Ben Bernanke’s leaving K-Thug off the Aspen invite list. Ben’s K-Thug’s old boss at Princeton, before working at the Fed. Big Ben hired K-Thug to New Jersey.
I wonder, what they fought about?
Only if OMG or TMZ would document this split between these to prominent economists…and if they could ever get back together again…
pragmatism
jackson hole is tougher to get to than aspen/davos. therefore fewer scary brown people and other miscellaneous cretins abound.
Mike Goetz
The very words Aspen and Davos have a powerful emetic effect on me when I hear them; Jackson Hole does not.
PeakVT
Davos is where the MOTU meet. Aspen is where their media whores meet, and Jackson Hole is where their intellectual apologists meet.
Belafon (formerly anonevent)
What does it mean when I keep reading the second name as Davros? I can’t wait for saturday.
Gus
Which is why I simply ignore them all. It’s all mental masturbation anyway.
Wag
Aspen is Hollywood
Davos is Wall Street
Jackson Hole is Neo-Con
TheF79
@PeakVT: I’d say that nails it pretty well.
Judas Escargot
Aspens are known for turning. Davos created the Daleks. And Jackson’s hole is a rude place to stuff twenty-dollar bills.
Suezboo
Lots of snow discourages any protesters (see Battle of Seattle).
Ian
@Butch:
That pretty much sums up what I was going to say
Jager
@trollhattan: My fellow climbers and I, after summitting “The Grand”, were asked to leave the Million Dollar Bar and believe me we didn’t go quietly! We were easy to spot since our Gore-Tex had actually been exposed to the elements, unlike the rest of the folks in the bar.
Delia
I grew up a long time ago in northern Utah and back then lots of ordinary people went to Jackson Hole all the time. It was still a tourist trap, but the more usual sort, and lots of people who were camping in the Tetons, the Wind Rivers or going on up to Yellowstone stayed there. There are still ordinary people who live there. You know, teachers, nurses, firefighters, ranchers, etc. Most of them hate this new element who have taken their town away from them.
mclaren
How about an economic syposium in Compton?
How about that, huh?
I think a bunch of economists could learn a lot from street dealers jacking one another and popping caps in their asses to take over the best streetcorners. That would provide a much more substantial laboratory for real-world economics than phony artificial economies like Aspen or Jackson Hole.
The next world economics symposium should be set in Jackson Heights or Compton or East St. Louis. See if that changes the economists’ conclusions about the miracle of the “invisible hand.”
DonkeyKong
Aspenese, Davosians, and Jackholes!
BBA
Jackson Hole is for the people who run the world.
Aspen is for the people who think they run the world.
Davos is for the people who own the world.
El Cid
The model for the managed care championed by Hillary Clinton began at Jackson Hole with discussions by thinkers from the 5 largest HMO’s and insurers.