Wednesday, April 11, 2007

Economists do it with Interest and with Models

  • Economics is the only field in which two people can get a Nobel Prize for saying exactly the opposite thing.
  • Economists can supply it on demand.
  • You can talk about money without every having to make any.
  • You get to say "trickle down" with a straight face.
  • When you are in the unemployment line, at least you will know why you are there.
  • If you rearrange the letters in "ECONOMICS", you get "COMIC NOSE".
  • Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue.
  • When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility.

This one takes the cake (and eat it too!) : "Economists do it with models"

Read more jokes on Economists


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