Economics Jokes / Recent Jokes

Approval Seeker’s Law: Those whose approval you seek the most give you the least. - Washington writer Rozanne Weissman
The Aquinas Axiom: What the gods get away with, the cows don’t.
Army Axiom: Any order that can be misunderstood has been misunderstood.
Arnold’s Laws of Documentation: (1) If it should exist, it doesn’t. (2) If it does exist, it’s out of date. (3) Only documentation for useless programs transcends the first two laws.
Astrology Laws: It’s always the wrong time of the month. - Rozanne Weissman
Avery’s Rule of Three: Trouble strikes in series of threes, but when working around the house the next job after a series of three is not the fourth job - it’s the start of a brand new series of three.
Baer’s Quartet: What’s good politics is bad economics; what’s bad politics is good economics; what’s good economics is bad politics; what’s bad economics is good politics. - Eugene Baer (Baer also allows that it can be restated more...

TOP 10 REASONS TO STUDY ECONOMICS
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 both 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.
10. When you call 1-900-LUV-ECON and get Kandi Keynes, you will have something to talk about.

Instructions
Read each question carefully. Answer all questions. Time limit: 4 hours. Begin immediately. History
Descrive the history of the papacy from its origins to the present day, concentrating especially but not exclusively, on it social, political, economic, religious, and philosophical impact on Europe, Asia, America and Africa. Be brief, concise, and specific. Medicine
You have been provided with a razor blade, a piece of gauze, and a bottle of Scotch. Remove your appendix. Do not suture until your work has been inspected. You have fifteen minutes. Public Speaking
2500 riot-crazed aboriginies are storming the classroom. Calm them. You may use any ancient language except Latin or Greek. Biology
Create life. Estimate the differences in subsequent human culture if the form of life had developed 50 million years earlier, with special attention to its probable effect on the English parliamentary system. Prove your thesis. Music
Write a piano concerto. more...

One day a man walked into the main library of a major research university. He stopped at the reference desk and asked the librarian if she had any current books about economics and the economy.
She answered that she did, and led the man to the reference shelves where the economics and economy books were.
To the surprise of both the librarian and the man all of the books were off the shelf being used.
"That's OK," the man said. "I'll just go to another library. You see, I'm a very busy man, and I set this weekend aside for studying economics and the economy."
The librarian said she understood and gave the man directions to the nearest research library. But her interest piqued, she asked: "Why are you so urgent to study economics and the economy?"
The man replied: "I'm an economist. I've been teaching at this university for the past ten years. I'm attending a business meeting on Monday, and I figure the economy has changed in more...

You have to read the whole thing: The following is from a 1950's Home Economics textbook intended for the High School girls, teaching how to prepare for married life. 1. Have dinner ready: Plan ahead, even the night before, to have a delicious meal - on time. This is a way of letting him know that you have been thinking about him, and are concerned about his needs. Most men are hungry when they come home and the prospects of a good meal are part of the warm welcome needed. 2. Prepare yourself: Take 15 minutes to rest so you will be refreshed when he arrives. Touch up your make-up, put a ribbon in your hair and be fresh looking. He has just been with a lot of work-weary people. Be a little gay and a little more interesting. His boring day may need a lift. 3. Clear away the clutter. Make one last trip through the main part of the house just before your husband arrives, gathering up school books, toys, paper, etc. Then run a dust cloth over the tables. Your husband will feel he has more...

An economist is someone who gets rich explaining others why they are poor.
The last severe depression and banking crisis could not have been achieved by normal civil servants and politicians, it required economists involvement.
Contagion: A strory demostrating the possible outcomes from interlinkages in the financial markets.
Two economists sit down to play chess. They study the board for 24 hours and declare a stale-mate.
Q: What does it take to be a good economist?
A: An unshakeable grasp of the obvious!
Q: What’s the difference between mathematics and economics?
A: Mathematics is incomprehensible; economics just doesn’t make any sense.
An economist is someone who didn’t have enough personality to become an accountant.
Economics is extremely useful as a form of employment for economists.
Q: What’s the difference between a finance major and an economics major?
A: Opportunity cost
The First Law of Economists: For more...

Ten things to do with a graduate Economics textbook
1. Press pretty flowers.
2. Press pretty insects.
3. Use it as paper weight on your already overcluttered desk.
4. Leave out in obvious places to impress uninformed undergraduates.
5. Mail to the White House as an intimidation tactic.
6. Give it a walk-on part in a boring European existentialist play.
7. Just throw the lousy thing away.
8. Leave out for the rain and other forces of nature to reckon with.
9. Read it, and weep.
10. Get a refund from bookstore so you can buy a weekend`s beer supply.