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-=[ Joke Number 2161 ]=-
| [ << ]|| Economists: Digest 4 || [ >> ] |
| We have 2 classes of forecasters: Those who don't know ... and those who don't know they don't know. - John Kenneth Galbraith|
"Murphys law of economic policy": Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently. - Alan S. Blinder
Economists don't answer to questions others make because they know what the answer is. They answer because they are asked.
There is also a joke about the last Mayday parade in the Soviet Union. After the tanks and the troops and the planes and the missles rolled by there came ten men dressed in black.
"Are they spies?" Asked Gorby?
"They are economists," replies the KGB director, "Imagine the havoc they will wreak when we set them loose on the Americans"
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