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Econolimerick #4

Summary:
“If you know that log times is add logs,And log power is displayed on your togs,Economics to sing,You need one more thing:Percent changes are changes in logs.” For the substance behind this limerick, see:For applications of logarithms and percent changes, see:Don’t miss my other econolimericks:

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“If you know that log times is add logs,
And log power is displayed on your togs,
Economics to sing,
You need one more thing:
Percent changes are changes in logs.”

For the substance behind this limerick, see:

For applications of logarithms and percent changes, see:

Don’t miss my other econolimericks:

Miles Kimball
Miles Kimball is Professor of Economics and Survey Research at the University of Michigan. Politically, Miles is an independent who grew up in an apolitical family. He holds many strong opinions—open to revision in response to cogent arguments—that do not line up neatly with either the Republican or Democratic Party.

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