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PeakOil is You

PeakOil is You

You guys are going to love this one.

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General interest discussions, not necessarily related to depletion.

You guys are going to love this one.

Unread postby Ayoob_Reloaded » Wed 05 Jan 2005, 22:07:10

http://netec.mcc.ac.uk/JokEc.html

Economist jokes.

A man goes into the Bank of Gdansk to make a deposit. Since he has never kept money in a bank before, he is a little nervous.
"What happens if the Bank of Gdansk should fail?" he asks.
"Well, in that case your money would be insured by the Bank of Warsaw."
"But, what if the Bank of Warsaw fails?"
"Well, there'd be no problem, because the Bank of Warsaw is insured by the National Bank of Poland."
"And if the National Bank of Poland fails?"
"Then your money would be insured by the Bank of Moscow."
"And what if the Bank of Moscow fails?"
"Then your money would be insured by the Great Bank of the Soviet Union."
"And if that bank fails?"
"Well, in that case, you'd lose all your money. But, wouldn't it be worth it?"
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Unread postby KiddieKorral » Wed 05 Jan 2005, 22:26:54

:lol: :lol: :lol:

I needed that!
American by birth, Muslim by choice, Southern by the grace of God!
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Re:

Unread postby tdrive_ » Wed 05 Jan 2005, 22:57:47

$this->bbcode_second_pass_quote('', '"')And what if the Bank of Moscow fails?"


Ironically that's what happened. Poor chap, lost his money.

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Unread postby smiley » Thu 06 Jan 2005, 07:44:31

Nice collection. I love this one

$this->bbcode_second_pass_quote('', 'W')hy God Never Received Tenure at the University

1. Because he had only one major publication.
2. And it was in Hebrew.
3. And it had no cited references.
4. And it wasn't published in a refereed journal or even submitted for peer review.
5. And some even doubt he wrote it himself.
6. It may be true that he created the world but what has he done since?
7. His cooperative efforts have been quite limited.
8. The scientific community has had a very rough time trying to replicate his results.
9. He never applied to the Ethics Board for permission to use human subjects.
10. When one experiment went awry, he tried to cover it up by drowning the subjects.
11. When subjects didn't behave as predicted, he often punished them, or just deleted them from the sample.
12. He rarely came to class, just told students to read the book.
13. He had his son teach the class.
14. He expelled his first two students for learning.
15. Although there were only ten requirements, most students failed his tests.
16. His office hours were infrequent and usually held on a mountain top
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Unread postby marek » Thu 06 Jan 2005, 08:10:25

$this->bbcode_second_pass_quote('', '"')Economics is the only field in which two people can get a Nobel Prize for saying the opposite thing"


That is very true :oops: For example, Lucas "showed" the ineffectiveness of monetary and fiscal policy (rational expectations model), while Hicks "showed" the opposite (IS-LM model). They didn't share the same prize, though.

If you enjoy this kind of stuff, I recommend the following:

"Debunking Economics - The Naked Emperor of the Social Sciences" by Steve Keen
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