The Best of Old Economy Steven Meme. This list is a compilation of the images that best represent the Old Economy Steven Meme. Old Economy Steven is a photo meme consisting of a high school yearbook image taken in the late 70s or early 80s. The concept of the meme is lamenting how easy it was to live back in those years. Everything was cheaper and the dollar went alot further. Even though he was only making minimum wage, Old Economy Steven was able to buy a house, car and raise a family.