Economics Jokes

TRADITIONAL ECONOMICS
You have two cows.
You sell one and buy a bull.
Your herd multiplies and the economy grows.
You retire on the income.
INDIAN ECONOMICS
You have two cows.
You worship them.
PAKISTAN ECONOMICS
You don't have any cows.
You claim that the Indian cows belong to you.
You ask the US for financial aid, China for military aid, Britain for warplanes, Italy for machines, Germany for technology, France for submarines, Switzerland for loans, Russia for drugs and Japan for equipment.
You buy the cows with all this and claim of exploitation by the world.
AMERICAN ECONOMICS
You have two cows.
You sell one and force the other to produce the milk of four cows.
You profess surprise when the cow drops dead.
You put the blame on some nation with cows & naturally that nation will be a danger to mankind.
You wage a war to save the world and grab the cows.
FRENCH ECONOMICS
You have two cows.
You go on more...

Economics is ruining your life when...- I tried to calculate my 3 year old son's discount rate by seeing how many sweets he would require to be promised to him after dinner to be equivalent to one sweet before dinner - I spent one hour in a toy shop making up over 20 bundles of toys that could be purchased for $25 and then asked my son to select one of these bundles

A friend of mine redid the recent analogy of Cow Economics:
SOCIALISM - You have two cows. The government nationalizes both cows but still allows you to sell milk.
COMMUNISM - You have two cows. The government takes both and gives you spoiled milk.
FASCISM - You have two cows. The government takes one away and presses it into military service.
NAZISM - You have two cows. The government takes one away and shoots it for having a large nose and dark spots.
TRIBALISM - You have two cows. Your neighbors take both cows and shoot you.
REDISTRIBUTIONISM - You have two cows. Everyone should have the same amount of cow. The government takes both cows, cuts them up, and spends more than the cows are worth giving everyone a little piece of cow.
WELFAREISM (REDISTRIBUTIONISM REVISITED) - You have two cows. The government takes one to give to someone else who doesn't know how to milk it.
BUREAUCRACY - You have two cows. The government takes both, loses one while more...

Economics is the only field in which two people can get a Nobel Prize for saying exactly the opposite thing.
An economist is a trained professional paid to guess wrong about the economy. An econometrician is a trained professional paid to use computers to guess wrong about the economy.
Bentley's second Law of Economics: The only thing more dangerous than an economist is an amateur economist!
Berta's Fundamental Law of Economic Rents.. "The only thing more dangerous than an amateur economist is a professional economist."
Practice economy at ANY cost.

Top reasons to study Economics1. 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. Mick Jagger and Arnold Schwarzenegger both studied economics and look how they turned out. 5. When you are in the unemployment line, at least you will know why you are there. 6. If you rearrange the letters in "ECONOMICS", you get "COMIC NOSE". 7. Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue. 8. When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility. 9. When you call 1-900-LUV-ECON and get Kandi Keynes, you will have something to talk about.