Business Jokes
Buy machine factory
|An American manufacturer is showing his machine factory to a potential customer from Albania. At noon, when the lunch whistle blows, two thousand men and women immediately stop work and leave the building."Your workers, they're escaping!" cries the visitor. "You've got to stop them.""Don't worry, they'll be back," says the American. And indeed, at exactly one o'clock the whistle blows again, and all the workers return from their break.When the tour is over, the manufacturer turns to his guest and says, "Well, now, which of these machines would you like to order?""Forget the machines," says the visitor. "How much do you want for that whistle?"
Business one-liners 01
|A President of a democracy is a man who is always ready, willing, and able to lay down your life for his country.A backscratcher will always find new itches; a brown-noser will always find new sense.A bad day fishing is better than a good day at work.A bird in the bush usually has a friend in there with him.A bird in the hand is always safer than one overhead.A bird in the hand is dead.A bird in the hand makes it hard to blow your nose.A boss with no humor is like a job that is no fun.A clean tie attracts the soup of the day.A closed mouth gathers no foot.
Buying your ticket
|Three engineers and three accountants are traveling by train to a conference. At the station, the three accountants each buy tickets and watch as the three engineers buy only a single ticket."How are three people going to travel on only one ticket?" asks an accountant. "Watch and you'll see," answers an engineer. They all board the train. The accountants take their respective seats but all three engineers cram into a restroom and close the door behind them.Shortly after the train has departed, the conductor comes around collecting tickets. He knocks on the restroom door and says, "ticket, please." The door opens just a crack and a single arm emerges with a ticket in hand. The conductor takes it and moves on.The accountants saw this and agreed it was quite a clever idea. So after the conference, the accountants decide to copy the engineers on the return trip and save some money (being clever with money, and all!) When they get to the station they buy a single ticket for the return trip.To their astonishment, the engineers don't buy a ticket at all. "How are you going to travel without a ticket?" says one perplexed accountant."Watch and you'll see," answers an engineer. When they board the train the three accountants cram into a restroom and the three engineers cram into another one nearby. The train departs.Shortly afterward, one of the engineers leaves his restroom and walks over to the restroom where the accountants are hiding. He knocks on the door and says, "ticket, please."
Stockbroker at I.R.S.
|The stockbroker received notice from the IRS that he was being audited. He showed up at the appointed time and place with all his financial records, then sat for what seemed like hours as the accountant pored over them.Finally the IRS agent looked up and commented, "You must have been a tremendous fan of Sir Arthur Conan Doyle.""Why would you say that?" wondered the broker."Because you've made more brilliant deductions on your last three returns than Sherlock Holmes made in his entire career."
Accountant in Heaven
|An accountant dies and goes to Heaven. He reaches the pearly gates and is amazed to see a happy crowd all waving banners and chanting his name.After a few minutes St. Peter comes running across and says, "I'm sorry I wasn't here to greet you personally. God is looking forward to meeting such a remarkable man as yourself."The accountant is perplexed. "I've tried to lead a good life, but I am overwhelmed by your welcome," he tells St. Peter."It's the least we can do for someone as special as you are. Imagine, living to the age of 123 and still looking so young," says St. Peter.The man looks even more dumbfounded and replies, "123 years old? I don't know what you mean. I'm only 40."St. Peter replies, "But that can't be right - we've seen your time sheets!"
Businessman is dying
|A businessman on his deathbed called his friend and said, "Bill, I want you to promise me that when I die you will have my remains cremated.""And what," his friend asked, "do you want me to do with your ashes?"The businessman said, "Just put them in an envelope and mail them to the Internal Revenue Service. Write on the envelope, "Now, you have everything."
Hiring an accountant
|Kowalski, fresh out of accounting school, went to a interview for a good paying job. The company boss asked various questions about him and his education, but then asked him, "What is three times seven?""Twenty-two," Kowalski replied.After he left, he double-checked it on his calculator (he knew he should have taken it to the interview!) and realized he wouldn't get the job.About two weeks later, he got a letter that said he was hired for the job! He was not one to look a gift horse in the mouth, but was still very curious.The next day, Kowalski went in and asked why he got the job, even though he got such a simple question wrong. The boss shrugged and said, "Well, you were the closest."
Did you pay taxes?
|A nervous taxpayer was unhappily conversing with the IRS Tax auditor who had come to review his records.At one point the auditor exclaimed, "Mr. Carelton, we feel it is a great privilege to be allowed to live and work in the USA. As a citizen you have an obligation to pay taxes, and we expect you to eagerly pay them with a smile.""Thank goodness," returned Mr. Carelton, with a giant grin on his face, "I thought you were going to want me to pay with cash."
Accountant and farmer
|A man walking along a road in the countryside comes across a shepherd and a huge flock of sheep. Stopping to rest, he tells the shepherd, "I will bet you $100 against one of your sheep that I can tell you the exact number in this flock."The shepherd thinks it over. It's a big flock, so he takes the bet.The man looks around and answers, "869." The shepherd is astonished, because that is exactly right.The shepherd says, "Okay, I'm a man of my word, take an animal." The man picks one up and begins to walk away."Wait," cries the shepherd, "let me have a chance to get even. Double or nothing that I can guess your exact occupation." The man agrees."You are an accountant for the government," says the shepherd."Amazing!" responds the man. "You are exactly right! But tell me, how did you deduce that?""Well," says the shepherd, "put down my dog and I will tell you."
Counting some sheep
|An accountant is having a hard time sleeping and so he decides to go to see his doctor. "Doctor, I just can't get to sleep at night," complains the man."Have you tried counting sheep?" inquired the doctor.The accountant replied, "That's the problem, Doc. I make a mistake and then spend three hours trying to find it!"
Finding accountants
|A businessman tells his friend that his company is looking for a new accountant.His friend asks, "Didn't your company hire a new accountant a few weeks ago?"The businessman replies, "That's the accountant we're looking for."
Why study Economics?
|Top reasons to study Economics1. Economists are armed and dangerous: "Watch out for our invisible hands." 2. Economists can supply it on demand. 3. You can talk about money without every having to make any. 4. Mick Jagger and Arnold Schwarzenegger both studied economics and look how they turned out. 5. When you are in the unemployment line, at least you will know why you are there. 6. If you rearrange the letters in "ECONOMICS", you get "COMIC NOSE". 7. Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue. 8. When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility. 9. When you call 1-900-LUV-ECON and get Kandi Keynes, you will have something to talk about.
Question and answer
|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 growth?A: Too early to say.--------------------------------------------------------------------------------Q: What do economists and computers have in common?A: You need to punch information into both of them.--------------------------------------------------------------------------------Q: Why does Treasury only have 10 minutes for morning tea?A: If they had any longer, they would need to re-train all the economists.--------------------------------------------------------------------------------Q: Did you hear of the economist who dove into his swimming pool and broke his neck? A: He forgot to seasonally adjust his pool. --------------------------------------------------------------------------------NATURAL RATE OF UNEMPLOYMENT: Newlan's Truism: An "acceptable" level of unemployment means that the government economist to whom it is acceptable still has a job. --------------------------------------------------------------------------------Q: Why did the market economist cross the road? A: To reach the consensus forecast. --------------------------------------------------------------------------------Q: What does an economist use when calculating constant-dollar estimates? A: Deflator mouse --------------------------------------------------------------------------------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? A: Two. One to assume the existence of ladder 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? A: None. The darkness will cause the light bulb to change by itself. --------------------------------------------------------------------------------Q: How many B-school doctoral students does it take to change a light bulb? A: I'm writing my dissertation on that topic; I should have an answer for you in about five years.--------------------------------------------------------------------------------Q: How many investors does it take to change a light bulb? A: None - the market has already discounted the change. --------------------------------------------------------------------------------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 aggregate demand to the right.--------------------------------------------------------------------------------Q: How many marxists does it take to screw in a lightbulb? A: None - the bulb contains within it the seeds of its own revolution. --------------------------------------------------------------------------------When drawing up the guest list for a dinner party, inviting more than 25% economists ruins the conversation. --------------------------------------------------------------------------------Economics is the painful elaboration of the obvious.--------------------------------------------------------------------------------Q: How many economists does it take to change a light bulb? A: Seven plus or 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: What's the difference between an economist and a befuddled old man with Alzheimer's? A: The economist is the one with the calculator. --------------------------------------------------------------------------------Q: What's the difference between economists and businessmen?A: The first don't keep their feet on the ground; the latest use to keep their four feet in the ground --------------------------------------------------------------------------------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.--------------------------------------------------------------------------------Q: Why did God create economists?A: In order to make weather forecasters look good.--------------------------------------------------------------------------------Q: What does an economist do?A: A lot in the short run, which amounts to nothing in the long run.--------------------------------------------------------------------------------Two economists meet on the street.One inquires, "How's your wife?"The other responds, "Relative to what?"--------------------------------------------------------------------------------To an economist, real life is a special case.--------------------------------------------------------------------------------Q: How many economists does it take to change a lightbulb?A: Eight. One to screw it in and seven to hold everything else constant.--------------------------------------------------------------------------------Economists have forecasted nine out of the last five recessions.--------------------------------------------------------------------------------When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.--------------------------------------------------------------------------------Econometrics is the art of drawing a crooked line from an unproved assumption to a foregone conclusion." --------------------------------------------------------------------------------Q: Why has astrology been invented?A: So that economy could be an accurate science.
An economist's speech
|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".
Poem about Economics
|If you do some acrobatics with a little mathematics it will take you far along. If your idea's not defensible don't make it comprehensible or folks will find you out, and your work will draw attention if you only fail to mention what the whole thing is about. Your must talk of GNP and of elasticity of rates of substitution and undeterminate solution and oligonopopsony.
An economist's logic
|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.'
Economist Valentines
|Top economist Valentine's Day cards4. You raise my interest rate thirty basis points without a corresponding dropoff in consumer enthusiasm.3. Let's raise housing starts together.2. You stoke the animal spirits of my market.1. Despite your decade of inflation, I still love you.
Economics ruins life
|Economics is ruining your life when...- I tried to calculate my 3 year old son's discount rate by seeing how many sweets he would require to be promised to him after dinner to be equivalent to one sweet before dinner - I spent one hour in a toy shop making up over 20 bundles of toys that could be purchased for $25 and then asked my son to select one of these bundles
I have a big problem
|Bill and Boris are taking a break from a long summit. Boris says to Bill, "Bill, you know, I have a big problem. I don't know what to do about it. I have a hundred bodyguards and one of them is a traitor. I don't know which one.""Not a big deal Boris, I'm stuck with a hundred economists I have to listen to all the time before any policy decision, and only one tells the truth but it's never the same one."
Talking on the plane
|Two government economists were returning home from a field meeting. As with all government travelers, they were assigned the cheapest seats on the plane so they each were occupying the center seat on opposite sides of the aisle.They continued their discussion of the knotty problem that had been the subject of their meeting through takeoff and meal service until finally one of the passengers in an aisle seat offered to trade places so they could talk and he could sleep.After switching seats, one economist remarked to the other that it was the first time an economic discussion ever kept anyone awake.
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