PLQ, PQ, CAQ share joint Nobel Economics Prize for Overcoming Law of Supply and Demand

The Economics Prize in Memory of Alfred Nobel was awarded in Sweden today jointly to the Liberal Party, Parti quebecois and Coalition avenir Quebec for their pioneering work in showing how the law of supply and demand has nothing to do with economics.

Coalition avenir Quebec was given its 1/3 share of the Nobel Prize for pledging to create a $10 billion fund for the Caisse de Depot et Placements du Quebec to intervene in the Quebec economy for any reason it sees fit.  The Nobel Prize Committee gave the award to CAQ for "showing that planning by the government can replace supply and demand for investment decisions." The Nobel Prize committee commended CAQ for its new economic theories, stating, "If only Mikhael Gorbachev had read CAQ's platform, he would have never needed to engage in his dangerous and unpredictable Perestroika policies."

The Parti Quebecois was given its third of the Nobel Economics Prize for its invention of the concept of "surplus profits", which the PQ intends to tax at a rate of 30% on mining companies.  The Nobel Committee was impressed by the PQ's redefinition of profitability.  "Previously, economists used to think of profits as the amount by which revenues exceed costs.  The PQ's new economic insight is that profit is actually some amount predetermined by the government, above which is 'surplus', which companies don't need or want and can be taxed at any rate without any effect on the economy."

Jean Charest's Liberals won their third of the Economics Prize for promising a $1 billion Quebec takeover fund for acquisiton of foreign assets by Quebec companies.  "This new Quebec takeover fund shows that business decisions can be made free from the constraints of whether or not money can be made, and that simply buying things for the sake of buying them is a viable economic strategy," said the Nobel Committee.

The $1.6 million dollar Nobel prize money will be shared by the three parties, all of which have pledged to use the money for a fund to stop foreign hardware stores from coming to Quebec.