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Light Bulb Jokes of the Economists

I’m trying to inject some humor over aspiring economists here. 🙂 I was surfing a lot of jokes about economists but probably these set of light bulb jokes are among the funniest. Enjoy! 😀

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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?

A1: Two. One to assume the existence of ladder and one to change the bulb.

A2: Two. One to assume the existence of latter 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?

A1: None. The darkness will cause the light bulb to change by itself.

A2: None. If it really needed changing, market forces would have caused it to happen.

A3: None. If the government would just leave it alone, it would screw itself in.

A4. None. “There is no need to change the light bulb. All the conditions for illumination are in place.

A5. None, because, look! It’s getting brighter! It’s definitely getting brighter !!!

A5. None; they’re all waiting for the unseen hand of the market to correct the lighting disequilibrium.

Q: How many Keynesian economists does it takes to change a light bulb?

A:All. Because then you will generate employment, more consumption, dislocating the AD (agg. demand) to the right…

Q: How many central bank economists does it take to screw in a light bulb?

A: Just one — he holds the light bulb and the whole earth revolves around him.

Q: How many Marxists does it take to screw in a light bulb?

A: None – the bulb contains within it the seeds of its own revolution.

Q: How many environmental economists does it take to change a light bulb?

A: Eight – one to turn the light bulb and seven to do the environmental impact study.

Q: How many economists does it take to change a light bulb?

A: Seven, plus/minus ten.

Q:  How many economists does it take to change a light bulb?

A: Irrelevant – the light bulb’s preferences are to be taken as given.

Q: How many economists does it take to change a light bulb?

A: Eight. One to screw it in and seven to hold everything else constant.

And lastly…

Given 1000 economists, there will be 10 theoretical economists with different theories on how to change the light bulb and 990 empirical economists laboring to determine which theory is the *correct* one, and everyone will still be in the dark.

Sourced from: http://www.ahajokes.com/econ002.html

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