Question and answer

An economist is someone who gets rich explaining others why they are poor.

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

Contagion: A strory demostrating the possible outcomes from interlinkages in the financial markets.

Two economists sit down to play chess. They study the board for 24 hours and declare a stale-mate.

Q: What does it take to be a good economist?

A: An unshakeable grasp of the obvious!

Q: What's the difference between mathematics and economics?

A: Mathematics is incomprehensible; economics just doesn't make any sense.

An economist is someone who didn't have enough personality to become an accountant.

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

Q: What's the difference between a finance major and an economics major?

A: Opportunity cost

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

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

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today. - Laurence J. Peter

A study of economics usually reveals that the best time to buy anything is last year. - Marty Allen

I don't think you can spend yourself rich. - George Humphrey

If all economists were laid end to end they would not reach a conclusion. - George Bernard Shaw

An economist is someone who knows the price of everything and the value of nothing.

Tariff -- A scale of taxes on imports, designed to protect the domestic producer against the greed of his consumer.

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

Economy -- Purchasing the barrel of whiskey that you do not need for the price of the cow that you cannot afford.