There’s always something to howl about.

Lereah Must Die! He is a Clown

Talk is cheap. Supply exceeds Demand. Lereah

Not His Favorite Clown What follows are a few “Economist Jokes”. Not wanting to shock anyone but all of these were written and were being told when David Lereah was still in grade school. Here is a news flash – people who are finding themselves being “victimized” by the pronouncements of an economist have to be looking for ways to be a victim. I’m not defending Lereah, I’ve never bothered to pay any attention to anything he (or any other economist) had to say about anything.

NO major economist accurately predicted, in advance, the phenomenal run up in prices that started two years ago. Every last one of them was asleep at the switch. The switch was turned on and they – along with everyone else – THEN could make pronouncements about it. That is observation of effect, after the fact. That is not “predicting” anything.

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Economics is extremely useful as a form of employment for economists.

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“I’m thinking of leaving my husband,” complained the economist’s wife.

“All he ever does is stand at the end of the bed and tell me how good things are going to be.”

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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 missiles 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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Economists don’t answer to questions others make because they know what the answer is. They answer because they are asked.

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The only thing more dangerous than an amateur economist is a professional economist.

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Economics is the only field in which two people can get a Nobel Prize for saying exactly the opposite thing.
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An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.

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An Economist is someone who didn’t have enough personality to become an accountant.

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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.

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The last severe depression and banking crisis could not have been achieved by normal civil servants and politicians, it required economists involvement.

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Forecasting is like trying to drive a car blindfolded and following directions given by a person who is looking out of the back window

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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.

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Q: What do you get when you cross the Godfather with an economist?

A: An offer you can’t understand.

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Q: Why has astrology been invented? A: So that economy could be an accurate science.

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If an economist and an IRS agent were both drowning and you could only save one of them, would you go to lunch or read the paper?

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I asked an economist for her phone number….and she gave me an estimate.

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The First Law of Economists: For every economist, there exists an equal and opposite economist.

The Second Law of Economists: They’re both wrong.

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Q. What does an economist do?

A. A lot in the short run, which amounts to nothing in the long run.

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Economists are people who are too smart for their own good and not smart enough for anyone else’s.

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Q:Why did God create economists ?
A:In order to make weather forecasters look good.

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The experience of being proved completely wrong is salutory. No economist should be denied it, and none are.

– J K Galbraith