Zombieconomics

I thought I'd end 2012 by starting to deal with the elephant in the room.

How would economics be affected by the inevitable zombie apocalypse?

1. Saving rates would plummet. This would adversely effect the demographic time-bomb.
2. In experiments we would see a greater degree of cooperation between humans as they fight for survival. However, the degree of cooperation between zombies remains an unknown.
3. Tax collection would become harder. Therefore the zombie apocalypse would cause greater tax evasion (c.f. Starbucks).
4. Responsibility for the enforcement of property rights would largely pass from the state to the individual. Sales of axes would increase.
5. Responsibility for personal health and safety would largely pass from the state to the individual. Sales of axes would increase.
6. The inevitable zombie apocalypse can only be good news for the axe manufacturing industry.

It is only by thoroughly considering the economic implications of the inevitable zombie apocalypse that we can prepare for it. Zombies or no zombies, the world needs economists.