Tuesday, April 22, 2008

Economics Jokes

Ok, after Jia Chen's post, here are some jokes about Economics.

Joke 1: TOP REASONS TO BE AN ECONOMIST

1. Economists are armed and dangerous: "Watch out for our invisible hands."
2. Economists can supply it on demand.
3. You can talk about money without every having to make any.
4. You get to say "trickle down" with a straight face.
5. Mick Jagger and Arnold Schwarzenegger (and George Bush!) studied economics and look how they turned out.
6. When you are in the unemployment line, at least you will know why you are there.
7. If you rearrange the letters in "ECONOMICS", you get "COMIC NOSE".
8. Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue.
9. When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility ( A law of economics stating that as a person increases consumption of a product - while keeping consumption of other products constant - there is a decline in the marginal utility that person derives from consuming each additional unit of that product.)

Joke 2: NEWTON'S LAWS OF ECONOMICS

The First Law of Economists: For every economist, there exists an equal and opposite economist.

The Second Law of Economists: They're both wrong.

Joke 3: HOW MANY ECONOMISTS...

Q: How many conservative economists does it take to change a light bulb?

A1: None. The darkness will cause the light bulb to change by itself.
A2: None. If it really needed changing, market forces would have caused it to happen.
A3: None. If the government would just leave it alone, it would screw itself in.
A4. None. "There is no need to change the light bulb. All the conditions for illumination are in place.
A5. None, because, look! It's getting brighter! It's definitely getting brighter!!!

Joke 4: "THE ECONOMIST" BILLBOARD





This ad from The Economist recently won a prize at the London International Advertising Awards for their bright concept. Created by Abbott Mead Vickers BBDO, this billboard shows a light bulb that illuminates whenever someone walks under it by hooking some electric motion sensors under the sign. Cool eh? And more posts!

Posted by: Victor

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