Economist Jokes / Recent Jokes

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: more...

Three economists are out deer hunting one day when they see a huge buck in the clearing in front of them. The first economist takes aim with his rifle and fires. The bullet goes flying by the deer, about 20 feet in front of it.
The second economist decides to give it a try. He takes aim and shoots. The bullet goes flying by the deer, this time about 20 feet behind the deer.
At this point, the third economist starts jumping up and down, overcome with joy, yelling: WE GOT IT! WE GOT IT!!

The following is supposedly a true story.

An economist was about to give a presentation in Washington, DC on the problems with Black-Scholes model of option pricing and was expecting no more than a dozen of government officials attending.

To his amazement, when he arrived, the room was packed with edgy, tough-looking guys in shades. Still, after five or so minutes into the presentation all of them stood up and left without a word.

The economist found out only later that his secretary ran the presentation through a spell-checker and what was "The Problem with Black-Scholes" became "The Problem with Black Schools".

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 more...

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 more...

A university committee was selecting a new dean. They had narrowed the candidates down to a mathematician, an economist and a lawyer.

Each was asked this question during their interview: “How much is two plus two? ”

The mathematician answered immediately, “Four. ”

The economist thought for several minutes and finally answered, “Four, plus or minus one. ”

Finally the lawyer stood up, peered around the room and motioned silently for the committee members to gather close to him. In a hushed, conspiratorial tone, he replied, “How much do you want it to be? ”

Dinosaur #1: "How many economists does it take to screw in a light bulb?" Dinosaur #2: "What is an economist?" Dinosaur #1: "A flunkie mathematician who tries to predict the population of kangaroos in Australia. But that's not important and don't ask what a Kangaroo is." Dinosaur #2: "I don't know, how many?" Dinosaur #1: "10 economists and one grad student. One economist to make a model, one to run the regression, one to test the hypothesis, one to interpret the results, one to conclude how to screw it on, one grad student to screw it on, and five economists trying to fight off the dinosaurs trying to eat them.