particular aim. The people who lead an organization, a
government or society can be called people in authority.
Describing ideas An strong opinion can be called a belief. A set of beliefs can
be a theory about a particular subject. Some actions are the
expression of particular ideas. A set of beliefs and practices can
make a whole system, especially a political or economic system
such as capitalism.
Jokes about Economics and Economists 1. Manager: “For a man with no experience, you are
certainly asking for a high salary.”
Applicant: “Well, the work is much harder when you
don’t know what you’re doing!”
2. We have 2 classes of forecasters: those who don’t
know … and those who don’t know that they don’t know.
3. A traveler wandering on an island inhabited by
cannibals comes upon a butcher’s shop. This shop specializes
in human brains differentiated according to source.
The sign in the shop reads:
Artists’ Brains $ 9/lb
Philosophers’ Brains $ 12/lb
Scientists’ Brains $ 15/lb
Economists’ Brains $ 19/lb
Upon reading the sign, the traveler noted, “My! Those
economists’ brains must be popular!”
To which the butcher replied, “Are you kidding? Do you have
any idea how many economists you have to kill to get a pound of
brains?!”
