2014-05-11

Jokes about economists and economics

http://netec.mcc.ac.uk/JokEc.html
http://www3.nd.edu/~jstiver/jokes.htm
http://faculty.ses.wsu.edu/rayb/jokes.html
http://davidwildasin.us/humor.html
http://www.ahajokes.com/economist_jokes.html 
http://www.csus.edu/indiv/l/lundp/humor.htm


An economist is someone who knows 100 ways to make love, but doesn't know any women/men.  

~~~~~~~~~~~~~~~~~~~~~~

An economist was asked about the meaning of life. He replied:
It depends on the parameter values.

   
~~~~~~~~~~~~~~~~~~~~~~ 

An economist is someone who’s pretty good with numbers but who doesn’t have the personality to be an accountant.

~~~~~~~~~~~~~~~~~~~~~~~~~~ 

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
- Laurence J. Peter  

~~~~~~~~~~~~~~~~~~~~~~ 


An economist is someone who, when he finds something that works in practice, tries to make it work in theory.  


~~~~~~~~~~~~~~~~~~~~~~

Q:Why did God create economists?
A:In order to make weather forecasters look good.


~~~~~~~~~~~~~~~~~~~~~~

A study of economics usually reveals that the best time to buy anything is last year.
- Marty Allen  

~~~~~~~~~~~~~~~~~~~~~~ 


What's the difference between mathematics and economics?
Mathematics is incomprehensible; economics just doesn't make any sense.  

~~~~~~~~~~~~~~~~~~~~~~~~



The First Law of Economists: For every economist, there exists an equal and opposite economist. The Second Law of Economists: They're both wrong.
 



~~~~~~~~~~~~~~~~~~~~~~~~~~
A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says, "Lets smash the can open with a rock." The chemist says, "Lets build a fire and heat the can first." The economist says, "Lets assume that we have a can-opener..."
Paul Samuelson  

~~~~~~~~~~~~~~~~~~~~~~~

An economist, a philosopher, a biologist, and an architect were were arguing about what was God's real profession. The philosopher said, "Well, first and foremost, God is a philosopher because he created the principles by which man is to live." "Ridiculous!" said the biologist "Before that, God created man and woman and all living things so clearly he was a biologist." "Wrong," said the architect. "Before that, he created the heavens and the earth. Before the earth, there was only complete confusion and chaos!" "Well," said the economist, "where do you think the chaos came from?"  

~~~~~~~~~~~~~~~~~~~~~~~~
 
 
 One day a woman went for a walk in her neighborhood and came across a boy with some puppies. "Would you like a puppy? They aren't ready for new homes quite yet, but they will be in a few weeks!"
"Oh, they're adorable," the lady said. "What kind of dogs are they?"
"These are economists."
"OK. I'll tell my husband."
So she went home and told her husband. He was very interested to see the puppies. About a week later he came across the lad; the puppies were very active.
"Hey, Mister. Want a puppy?"
"I think my wife spoke with you last week. What kind of dogs are these?"
"Oh. These are decision analysts."
"I thought you said last week that they were economists."
"Yeah, but they've opened their eyes since then."  

 ~~~~~~~~~~~~~~~~~~~~

Experienced economist and not so experienced economist are walking down the road. They get across shit lying on the asphalt.
Experienced economist: "If you eat it I'll give you $20,000!"
Not so experienced economist runs his optimization problem and figures out he's better off eating it so he does and collects money.
Continuing along the same road they almost step into yet another shit.
Not so experienced economist: "Now, if YOU eat this shit I'll give YOU $20,000."
After evaluating the proposal experienced economist eats shit getting the money.
They go on. Not so experienced economist starts thinking: "Listen, we both have the same amount of money we had before, but we both ate shit. I don't see us being better off."
Experienced economist: "Well, that's true, but you overlooked the fact that we've been just involved in $40,000 of trade."

~~~~~~~~~~~~~~~~~~~~

SOCIALISM: You have two cows. State takes one and give it to someone else.
COMMUNISM: You have two cows. State takes both of them and gives you milk.
FASCISM: You have two cows. State takes both of them and sell you milk.
NAZISM: You have two cows. State takes both of them and shoot you.
BUREAUCRACY: You have two cows. State takes both of them, kill one and spill the milk in system of sewage.
CAPITALISM: You have two cows. You sell one and buy a bull.  


~~~~~~~~~~~~~~~~~~~~

Alternative: A COWSMIC VIEW OF WORLD ORGANIZATION
FEUDALISM: You have two cows. Your lord takes some of the milk.
PURE SOCIALISM: You have two cows. The government takes them and puts them in a barn with everyone else's cows. You have to take care of all the cows. The government gives you as much milk as you need.
BUREAUCRATIC SOCIALISM: You have two cows. The government takes them and puts them in a barn with everyone else's cows. They are cared for by ex-chicken farmers. You have to take care of the chickens the government took from the chicken farmers. The government gives you as much milk and as many eggs as the regulations say you should need.
FASCISM: You have two cows. The government takes both, hires you to take care of them, and sells you the milk.
PURE COMMUNISM: You have two cows. Your neighbors help you take care of them, and you all share the milk.
RUSSIAN COMMUNISM: You have two cows. You have to take care of them, but the government takes all the milk.
DICTATORSHIP: You have two cows. The government takes both and shoots you.
SINGAPORE DEMOCRACY: You have two cows. The government fines you for keeping two unlicensed animals in an apartment.
MILITARIANISM: You have two cows. The government takes both and drafts you.
PURE DEMOCRACY: You have two cows. Your neighbors decide who gets the milk.
REPRESENTATIVE DEMOCRACY: You have two cows. Your neighbors pick someone to tell you who gets the milk.
AMERICAN DEMOCRACY: The government promises to give you two cows if you vote for it. After the election, the president is impeached for speculating in cow futures. The press dubs the affair "Cowgate".
BRITISH DEMOCRACY: You have two cows. You feed them sheep's brains and they go mad. The government doesn't do anything.
BUREAUCRACY: You have two cows. At first the government regulates what you can feed them and when you can milk them. Then it pays you not to milk them. After that it takes both, shoots one, milks the other and pours the milk down the drain. Then it requires you to fill out forms accounting for the missing cows.
ANARCHY: You have two cows. Either you sell the milk at a fair price or your neighbors kill you and take the cows.
CAPITALISM: You have two cows. You sell one and buy a bull.
HONG KONG CAPITALISM: You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with associated general offer so that you get all four cows back, with a tax deduction for keeping five cows. The milk rights of six cows are transferred via a Panamanian intermediary to a Cayman Islands company secretly owned by the majority shareholder, who sells the rights to all seven cows' milk back to the listed company. The annual report says that the company owns eight cows, with an option on one more. Meanwhile, you kill the two cows because the Feng Shui is bad.
ENVIRONMENTALISM: You have two cows. The government bans you from milking or killing them.
FEMINISM: You have two cows. They get married and adopt a veal calf.
TOTALITARIANISM: You have two cows. The government takes them and denies they ever existed. Milk is banned.
POLITICAL CORRECTNESS: You are associated with (the concept of "ownership"is a symbol of the phallo-centric, war-mongering, intolerant past) two differently-aged (but no less valuable to society) bovines of non-specified gender.
COUNTER CULTURE: Wow, dude, there's like... these two cows, man. You got to have some of this milk. Far out! Awesome!
SURREALISM: You have two giraffes. The government requires you to take harmonica lessons.
JAPANESE DEMOCRACY: You have two cows. You give the milk to gangsters so they don't ask any awkward questions about who you're giving the milk to.
EUROPEAN FEDERALISM: You have two cows which cost too much money to care for because everybody is buying milk imported from some cheap east-European country and would never pay the fortune you'd have to ask for your cows' milk. So you apply for financial aid from the European Union to subsidise your cows and are granted enough subsidies. You then sell your milk at the former elevated price to some government-owned distributor which then dumps your milk onto the market at east-European prices to make Europe competitive. You spend the money you got as a subsidy on two new cows and then go on a demonstration to Brussels complaining that the European farm-policy is going drive you out of your job.
EASTERN EUROPEAN DEMOCRACY: You have two cows. You sell the milk (diluted with some water) at a high price to the neighbors or to anyone at the open-air market. If somebody asks for receipt, you charge for a two times higher price, so nobody will request an invoice. For concerned families with small babies you claim that the milk is "bio", though you collect the grass for feeding at the side of the highway and you keep the milk in plastic barrels used previously as containers of dangerous chemicals. Later, your neighbor or anybody from town will steal the cows and will buy their meat for a high price, and if you ask for a receipt, you will be charged for a two times higher price.
FINNISH SOCIALISM: You have two cows. Soon you have to kill one of them because in the Netherlands there is an overproduction of milk and the European Union rules say so. When you do so, you realize that it was not necessary, only the system was too slow in getting you the up-to-date news. From the stress, you get an ulcer in your stomach so you go to a doctor. The doctor realizes that this ulcer is a serious one, so you need an urgent treatment. Therefore, you soon get a call to the local hospital. The call's date is for 3 months later, because there is a queue with more urgent cases. Then your ulcer becomes even more serious because you remember that 40 percent of your income is taken for social tax.  

~~~~~~~~~~~~~~~~~~~~
 
One night a policeman saw a macroeconomist looking for something buy a lightpole.  He asked him is had had lost something there.  The economist said, "I lost my keyes over in the alley."  The policeman asked him why he was looking by the lightpole.  The economist responded, "it's a lot easier to look over here."

~~~~~~~~~~~~~~~~~~~~

An economist is someone who gets rich explaining others why they are poor.

~~~~~~~~~~~~~~~~~~~~

Value of human capital

Engineers and scientists will never make as much money as business executives. Now a rigorous mathematical proof that explains why this is true:
Postulate 1: Knowledge is Power.
Postulate 2: Time is Money.
As every engineer knows,
 
Work
---------- = Power
Time

Since Knowledge = Power, and Time =Money, we have

Work
--------- = Knowledge
Money

Solving for Money, we get:

Work
----------- = Money
Knowledge

Thus, as Knowledge approaches zero, Money approaches infinity regardless of the Work done.
Conclusion: The Less you Know, the more money you Make.
  
~~~~~~~~~~~~~~~~~~~~

A traveller wandering on an island inhabited entirely by cannibals comes upon a butcher shop. This shop specialised in human brains differentiated according to source. The sign in the shop read:
Artists' Brains $9/lb
Philosophers' Brains $12/lb
Scientists' Brains $15/lb
Economists' Brains $19/lb
Upon reading the sign, the traveller noted, "My those economists' brains must be popular!" To which the butcher replied, "Are you kidding! Do you have any idea how many economists you have to kill to get a pound of brains?!"
HA! ... It's a *supply side* joke!

~~~~~~~~~~~~~~~~~~~~~~~~

Economist poem
 
If you do some acrobatics
with a little mathematics
it will take you far along.
If your idea's not defensible
don't make it comprehensible
or folks will find you out,
and your work will draw attention
if you only fail to mention
what the whole thing is about.
Your must talk of GNP
and of elasticity
of rates of substitution
and undeterminate solution
and oligonopopsony.
 Kenneth E. BOULDING  

~~~~~~~~~~~~~~~~~~~~~~

Three economists and three mathematicians were going for a trip by train. Before the journey, the mathematicians bought 3 tickets but economists only bought one. The mathematicians were glad their stupid colleagues were going to pay a fine. However, when the conductor was approaching their compartment, all three economists went to the nearest toilet. The conductor, noticing that somebody was in the toilet, knocked on the door. In reply he saw a hand with one ticket. He checked it and the economists saved 2/3 of the ticket price.
The next day, the mathematicians decided to use the same strategy- they bought only one ticket, but economists did not buy tickets at all! When the mathematicians saw the conductor, they hid in the toilet, and when they heard knocking they handed in the ticket. They did not get it back.
Why? The economists took it and went to the other toilet.





No comments:

Post a Comment

Search This Blog

About Me

A tiny dust in the universe.