Friday, September 4, 2009

Economics Jokes

Everything here found on Econosseur






Peter Orazem
"The economy is so bad these days that I miss the old days of $4 per gallon gas prices. It was so nice when you could fill up your car and double its value."

Best Financial Jokes from Nationalpost.com and 'cherry-picked' for the blog listed above, by its authors: Richard W. Evans, Assistant Professor of Economics at Brigham Young University, Jason DeBacker a Visiting Assistant Professor of Economics at the University of Georgia, and Guest Contributor Scott Condie, Assistant Professor of Economics at Brigham Young University:

-The problem with investment bank balance sheets is that on the left side nothing is right and on the right side nothing is left.

-How do you find a good small-cap fund manager? Find a good large-cap fund manager, and wait.




"I have a 10-year-old at home, and she is always saying, 'That's not fair.' When she says that, I say, 'Honey, you're cute; that's not fair. Your family is pretty well off; that's not fair. You were born in America; that's not fair. Honey, you had better pray to God that things don't start getting fair for you.'"

(P.J. O'Rourke, Political satirist, in "The Problem is Politics", Cato's Letter: A Quarterly Message on Liberty, The Cato Institute, Spring 2008, Vol. 6, No. 2, p. 5)

Capitalist Hell vs. Communist Hell
A man dies and goes to hell. There he discovers that he has a choice: he can go to capitalist hell or to communist hell. Naturally, he wants to compare the two, so he goes over to capitalist hell. There outside the door is the devil, who looks a bit like Ronald Reagan. "What's it like in there?" asks the visitor. "Well," the devil replies, "in capitalist hell, they flay you alive, then they boil you in oil and then they cut you up into small pieces with sharp knives."

"That's terrible!" he gasps. "I'm going to check out communist hell!" He goes over to communist hell, where he discovers a huge queue of people waiting to get in. He waits in line. Eventually he gets to the front and there at the door to communist hell is a little old man who looks a bit like Karl Marx. "I'm still in the free world, Karl," he says, "and before I come in, I want to know what it's like in there."

"In communist hell," says Marx impatiently, "they flay you alive, then they boil you in oil, and then they cut you up into small pieces with sharp knives."

"But... but that's the same as capitalist hell!" protests the visitor, "Why such a long queue?"

"Well," sighs Marx, "Sometimes we're out of oil, sometimes we don't have knives, sometimes no hot water."

(Taken from the website of Jeffrey Parker at Reed College)



On the One Hand... The Economist's Joke Book, by Jeff Thredgold. You can purchase the book from his website.
Three economists went out hunting and came across a large deer. The first economist fired but missed by a yard to the left. The second economist fired, but also missed by a yard to right. The third economist didn't fire, but shouted in triumph, "We got it! We got it!"

1 comment:

ButterPeanut said...

I have a german one ..."under capitalism you have man exploiting his fellow man. Under capitalism it's the other way around."