Time for an open thread!
EM provided an economics joke that is new to me:
Q: Why are economists so rarely called out for being the wankers they are?
A: Because they rely on “the invisible hand”.
The Standup Economist has a routine that has become a classic:
And of course, there are the economist variants of the lightbulb joke, originating in a 1994 Wharton Journal, as later recapped in Forbes:
Q: How many 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!!!
A6: None. They’re all waiting for the unseen hand of the market to correct the lighting disequilibrium.
I hope readers will pipe up with more economist/economics jokes. For instance, A5 should probably be updated to mention the confidence fairy…