Some great humor on the economy and economists…
A party of economists was climbing in the Alps. After several hours they became hopelessly lost. One of them studied the map for some time, turning it up and down, sighting on distant landmarks, consulting his compass, and finally the sun.
Finally, he said, ‘ OK see that big mountain over there?’
‘Yes’, answered the others eagerly.
‘Well, according to the map, we’re standing on top of it.’
Economics is the only subject where contradicting yourself is seen as a highly desirable attribute. To double the mark on your economics essays, just say after each paragraph:
However, on the other hand, this is probably not true at all…
Q. What does an economist do?
A. A lot in the short run, which amounts to nothing in the long run.
The First Law of Economists: For every economist, there exists an equal and opposite economist.
The Second Law of Economists: They’re both wrong.
You will Know Why you are Unemployed…
When you are standing in the unemployment queue, you will be able to tell everyone the type of unemployment they are suffering from. This will greatly endear you to the ranks of the unemployed; who will definitely not, sarcastically, ask you;
“If you know everything, how come you haven’t got a job then?
A boy was crossing a road one day when a frog called out to him and said,
“If you kiss me, I’ll turn into a beautiful princess.”
He bent over, picked up the frog and put it in his pocket.
The frog spoke up again and said,
“If you kiss me and turn me back into a beautiful princess, I will stay with you for one week.”
The boy took the frog out of his pocket, smiled at it, and returned it to his pocket.
The frog then cried out,
“If you kiss me and turn me back into a princess, I’ll stay with you and do ANYTHING you want.”
Again the boy took the frog out, smiled at it and put it back into his pocket.
Finally, the frog asked, “What is the matter? I’ve told you I’m a beautiful princess, that I’ll stay with you for a week and do anything you want. Why won’t you kiss me?”
The boy said, “Look, I’m an economist. I don’t have time for a girlfriend, but a talking frog is cool.”