"Question and answer" joke
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.Talk is cheap. Supply exceeds Demand.
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."
Definition: Policy Analyst is someone unethical enough to be a lawyer, impractical enough to be a theologian, and pedantic enough to be an economist.
Three econometricians went out hunting, and came across a large deer. The first econometrician fired, but missed, by a meter to the left. The second econometrician fired, but also missed, by a meter to the right. The third econometrician didn't fire, but shouted in triumph, "We got it! We got it!"
Q: How has French revolution affected world economic growth? A: Too early to say.
Q: What do economists and computers have in common? A: You need to punch information into both of them.
Q: Why does Treasury only have 10 minutes for morning tea? A: If they had any longer, they would need to re-train all the economists.
Q: Did you hear of the economist who dove into his swimming pool and broke his neck? A: He forgot to seasonally adjust his pool.
NATURAL RATE OF UNEMPLOYMENT: Newlan's Truism: An "acceptable" level of unemployment means that the government economist to whom it is acceptable still has a job.
Q: Why did the market economist cross the road? A: To reach the consensus forecast.
Q: What does an economist use when calculating constant-dollar estimates? A: Deflator mouse
Q: How many Chicago School economists does it take to change a light bulb? A: None. If the light bulb needed changing the market would have already done it.
Q: How many mainstream economists does it take to change a light bulb? A: Two. One to assume the existence of ladder and one to change the bulb.
Q: How many neo-classical economists does it take to change a light bulb? A: It depends on the wage rate.
Q: How many conservative economists does it take to change a light bulb? A: None. The darkness will cause the light bulb to change by itself.
Q: How many B-school doctoral students does it take to change a light bulb? A: I'm writing my dissertation on that topic; I should have an answer for you in about five years.
Q: How many investors does it take to change a light bulb? A: None - the market has already discounted the change.
Q: How many Keynesian economists doe
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