Jokes about Economics and Economists 1. I asked an economist for her phone number … and she
gave me an estimate.
2. Economists have forecasted 9 out of the last 5
recessions.
3. An economist returns to visit his old school. He’s
interested in the current exam questions and asks his old
professor to show some. To his surprise they are exactly the
same ones to which he had answered 10 years ago!
When he asks about this the professor answers: “The
questions are always the same – only answers change!”
4. An econometrician and an astrologer are arguing about
their subjects. The astrologer says, “Astrology is more
scientific. My predictions come out right half the time. Yours
can’t even reach that proportion”.
The econometrician replies, “That’s because of external
shocks. Stars don’t have those”.
