Econolimerick #4

“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:

• The Logarithmic Harmony of Percent Changes and Growth Rates

For applications of logarithms and percent changes, see:

• Logarithms and Cost-Benefit Analysis Applied to the Coronavirus Pandemic

• The Shape of Production: Charles Cobb's and Paul Douglas's Boon to Economics

Don’t miss my other econolimericks:

• Econolimerick #1

• Econolimerick #2

• Econolimerick #3