BFM

Three leading economists took a small plane to the wilderness in northern Canada to hunt moose over the weekend. The last thing the pilot said was, remember this is a very small plane and you will only be able to bring ONE moose back. But of course, they killed one each and come Sunday, they […]

Engineers and scientists will never make as much money as business executives. Now a rigorous mathematical proof that explains why this is true: Postulate 1: Knowledge is Power. Postulate 2: Time is Money. As every engineer knows, Work ———- = Power Time Since Knowledge = Power, and Time =Money, we have Work ——— = Knowledge […]

INTEREST GROUP ECONOMIST VIRUS – Divides your hard disk into hundreds of little units, each of which does practically nothing, but all of which claim to be the most important part of the computer. ECONOMETRICIAN VIRUS – Sixty percent of the PCs infected will lose 38 percent of their data 14 percent of the time […]

A woman hears from her doctor that she has only half a year to live. The doctor advises her to marry an economist and to live in South Dakota. The woman asks, “will this cure my illness”? Answer of the doctor: “No, but the half year will seem pretty long”.   Q: Why did God […]

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. 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 […]

Experienced economist and not so experienced economist are walking down the road. They come across a pile of horse manure lying on the asphalt. Experienced economist: “If you eat it I’ll give you $20,000!” Not so experienced economist runs his optimization problem and figures out he’s better off eating it so he does and collects […]

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. It’s not easy being an economist. How would you like to go through life pretending you knew what M1 was all about? Economics is […]

Q: How many conservative economists does it take to change a light bulb? A1: None. If the government would just leave it alone, it would screw itself in. A2: None, because, look! It’s getting brighter! It’s definitely getting brighter! A3: None, they’re all waiting for the unseen hand of the market to correct the lighting […]