“If all the nation’s economists were laid end to end, they would point in all different directions.”
Quote of the Day
“If all the nation’s economists were laid end to end, they would point in all different directions.”
What’s the difference between an economist and a confused old man with Alzeheimer’s?
The economist is the one with a calculator.
Winston Churchill once said if you put two economists in a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions
Why was astrology invented? So economics would seem like an accurate science.
If all the economists in the world were laid end to end, they would not reach a conclusion.
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?
The doctor replies: No, but the half year will seem pretty long.
“One day a physicist, a biologist, and Ben Bernanke were sitting at a café across from an apparently empty building.
They watch two people enter and then, later, three leave.
The physicist says, “Apparently there was some error with our measurements,” while the biologist says, “Obviously, they reproduced while in the building.”
Then the economist [Bernanke] observes, “If another person were to enter the building, it would once again be empty.”