Economists Jokes

How many supply-side economists does it take to screw in a light bulb?
None. If the government would just leave it alone, it would screw itself in eventually.

How has French revolution affected world economic growth? Too early to say.
What do economists and computers have in common? You need to punch information into both of them.
Why does Treasury only have 10 minutes for morning tea? If they had any longer, they would need to re-train all the economists.
Did you hear of the economist who dove into his swimming pool and broke his neck? He forgot to seasonally adjust his pool.

There are two types of economists:

- those who cannot forecast interest rattes, and

- those who do not know that they cannott forecast interest rates.

Economists do it cyclically.

Economists do it on demand.

Economists do it with models.

Economists do it with crystal balls.

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

None. If it really needed changing, market forces would have caused it to happen.

None. If the government would just leave it alone, it would screw itself in.

None. The invisible hand does it.

Two. One to assume the existence of ladder and one to change the bulb.

Eight. One to change it and seven to hold everything else constant.

One to prepare the proposal, an econometrician to run the model, one each MS and PhD students to write the theses and dissertations, two more to prepare the journal article (senior authorship not assigned), four to review it, and at least as many to refine the model and replicate the results.