Friday, March 03, 2006

Economics jokes...

After seeing two of the hottest prospects (and possible keys to the season) have scares/get dinged up, I think it is time for a little humor. Of course, I'm an economist, so I need to do some economists jokes:

Economists do it using the invisible hand

What was Keynes' favorite type of liquor? Animal Spirits

Economists are great lovers because they can supply it on demand

If you study economics, when you are in the unemployment line, at least you will know why you are there

Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue

When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility. This also works for mescaline, Doritos, and prostitutes.

Economists do it discretely AND continuously

How much wood could a woodchuck chuck if a woodchuck could chuck would? It depends how long until the job is outsourced to China.

Two economists meet on the street. One inquires, "How's your wife?" The other responds, "Relative to what?"

I asked an econometrician for her phone number....and she gave me an estimate

How many economists does it take to change a lightbulb? Eight. One to screw it in and seven to hold everything else constant.

Economists have forecasted 9 out of the last 5 recessions

A true story:A game theorist was talking to a group of psychologists at a conference. The conversation turned to children. He said that he does not intend his children to get any money from him now that they are grown. "In fact, if I have so much as a penny to my name on the day I die, it will only be because I miscalculated my utility."

An economics journal article should be like a woman's skirt: short enough to be provocative; long enough to have something substantial underneath

Economists do it with models


At 8:33 PM, March 03, 2006, Blogger Lindsey said...

no economist here but i have an economy in general joke..."Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.'" —Craig Kilborn


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