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A motorist, driving by a Texas ranch, hit and killed a calf that was crossing the road. The driver went to the owner of the calf and explained what had happened. He then asked what the animal was worth. “Oh, about $200 today,” said the rancher. “But in six years it would have been worth $900. So $900 is what I’m out.” The motorist sat down and wrote out a check and handed it to the farmer. “Here,” he said, “is the check for $900. It’s postdated six years from now

“The fees for withdrawing money from your ATM machines are expected to double, even triple. You’re gonna pay two to three as much to withdraw your money so basically the ATM machines have become full service. Instead of getting robbed at the ATM machine the ATM machine robs you. You eliminate the middle man.” - Jay Leno

Three engineers and three accountants are traveling by train to a conference. At the station, the three accountants each buy tickets and watch as the three engineers buy only a single ticket.”How are three people going to travel on only one ticket?” asks an accountant. “Watch and you’ll see,” answers an engineer. They all board the train. The accountants take their respective seats but all three engineers cram into a restroom and close the door behind them.Shortly after the train has departed, the conductor comes around collecting tickets. He knocks on the restroom door and says, “ticket, please.” The door opens just a crack and a single arm emerges with a ticket in hand. The conductor takes it and moves on.The accountants saw this and agreed it was quite a clever idea. So after the conference, the accountants decide to copy the engineers on the return trip and save some money (being clever with money, and all!) When they get to the station they buy a single ticket for the return trip.To their astonishment, the engineers don’t buy a ticket at all. “How are you going to travel without a ticket?” says one perplexed accountant.”Watch and you’ll see,” answers an engineer. When they board the train the three accountants cram into a restroom and the three engineers cram into another one nearby. The train departs.Shortly afterward, one of the engineers leaves his restroom and walks over to the restroom where the accountants are hiding. He knocks on the door and says, “ticket, please.”

An American manufacturer is showing his machine factory to a potential customer from Albania. At noon, when the lunch whistle blows, two thousand men and women immediately stop work and leave the building.”Your workers, they’re escaping!” cries the visitor. “You’ve got to stop them.””Don’t worry, they’ll be back,” says the American. And indeed, at exactly one o’clock the whistle blows again, and all the workers return from their break.When the tour is over, the manufacturer turns to his guest and says, “Well, now, which of these machines would you like to order?””Forget the machines,” says the visitor. “How much do you want for that whistle?”

The boss returned from lunch in a good mood and called the whole staff in to listen to a couple of jokes he had picked up. Everybody, but one girl laughed uproariously.”What’s the matter?” grumbled the boss. “Haven’t you got a sense of humor?””I don’t have to laugh,” she replied. “I’m leaving Friday.”

An accountant dies and goes to Heaven. He reaches the pearly gates and is amazed to see a happy crowd all waving banners and chanting his name.After a few minutes St. Peter comes running across and says, “I’m sorry I wasn’t here to greet you personally. God is looking forward to meeting such a remarkable man as yourself.”The accountant is perplexed. “I’ve tried to lead a good life, but I am overwhelmed by your welcome,” he tells St. Peter.”It’s the least we can do for someone as special as you are. Imagine, living to the age of 123 and still looking so young,” says St. Peter.The man looks even more dumbfounded and replies, “123 years old? I don’t know what you mean. I’m only 40.”St. Peter replies, “But that can’t be right - we’ve seen your time sheets!”

A wealthy investor walked into a bank and said to the bank manager, “I would like to speak with Mr. Reginald Jones, who I understand is a tried and trusted employee of yours.”The banker said, “Yes he certainly was trusted. And he will be tried as soon as we catch him.”

Top reasons to study Economics1. Economists are armed and dangerous: “Watch out for our invisible hands.” 2. Economists can supply it on demand. 3. You can talk about money without every having to make any. 4. Mick Jagger and Arnold Schwarzenegger both studied economics and look how they turned out. 5. When you are in the unemployment line, at least you will know why you are there. 6. If you rearrange the letters in “ECONOMICS”, you get “COMIC NOSE”. 7. Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue. 8. When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility. 9. When you call 1-900-LUV-ECON and get Kandi Keynes, you will have something to talk about.

A new business was opening and one of the owners friends wanted to send flowers for the occasion. They arrived at the new business site and the owner read the card; it said “Rest in Peace”. The owner was angry and called the florist to complain. After he had told the florist of the obvious mistake and how angry he was ,the florist said. “Sir, Im really sorry for the mistake, but rather than getting angry you should imagine this: somewhere there is a funeral taking place today, and they have flowers with a note saying, “Congratulations on your new location.”

A man walking along a road in the countryside comes across a shepherd and a huge flock of sheep. Stopping to rest, he tells the shepherd, “I will bet you $100 against one of your sheep that I can tell you the exact number in this flock.”The shepherd thinks it over. It’s a big flock, so he takes the bet.The man looks around and answers, “869.” The shepherd is astonished, because that is exactly right.The shepherd says, “Okay, I’m a man of my word, take an animal.” The man picks one up and begins to walk away.”Wait,” cries the shepherd, “let me have a chance to get even. Double or nothing that I can guess your exact occupation.” The man agrees.”You are an accountant for the government,” says the shepherd.”Amazing!” responds the man. “You are exactly right! But tell me, how did you deduce that?””Well,” says the

The following is supposedly a true story.An economist was about to give a presentation in Washington, DC on the problems with Black-Scholes model of option pricing and was expecting no more than a dozen of government officials attending.To his amazement, when he arrived, the room was packed with edgy, tough-looking guys in shades. Still, after five or so minutes into the presentation all of them stood up and left without a word.The economist found out only later that his secretary ran the presentation through a spell-checker and what was “The Problem with Black-Scholes” became “The Problem with Black Schools”.

Four corporate presidents, one English, one French, one Japanese and one American, were on their way to an international business conference when they were kidnapped by terrorists and taken to a secret hideout.”You, your companies, and you countries are enemies of the Revolution,” screamed the terrorist leader, “and you’re going to be executed! Do you have any last requests?”The Englishman spoke first.”Before I die, I want to honor my country and protest this barbaric act by singing “God Save The Queen” to all you men.””That can be arranged,” said the terrorist.The Frenchman said, “And I want to honor my country before I die by singing “The Marseilles” to your men.”The Japanese said, “Before I die, I wish to honor my country by giving the lecture I was going to present on the Mapanese style of industrial management.”The terrorist turned finally to the American.”What is your last request?”The American replied, “I want you to kill me right now so I don’t have to listen to another lecture on the Japanese style of industrial management!”

A President of a democracy is a man who is always ready, willing, and able to lay down your life for his country.A backscratcher will always find new itches; a brown-noser will always find new sense.A bad day fishing is better than a good day at work.A bird in the bush usually has a friend in there with him.A bird in the hand is always safer than one overhead.A bird in the hand is dead.A bird in the hand makes it hard to blow your nose.A boss with no humor is like a job that is no fun.A clean tie attracts the soup of the day.A closed mouth gathers no foot.

Murphy applied for an engineering position at an Irish firm based in Dublin. An American applied for the same job and both applicants having the same qualifications were asked to take a test by the Department manager. Upon completion of the test both men only missed one of the questions. The manager went to Murphy and said.Manager: “Thank you for your interest, but we’ve decided to give the American the job”Murphy: “And why would you be doing that? We both got nine questions correct. This being Ireland and me being Irish I should get the job!”Manager: “We have made our decisions not on the correct answers, but on the question you missed.”Murphy: “And just how would one incorrect answer be better than the other?”Manager: “Simple, the American put down on question #5, “I don’t know.”, You put down “Neither do I.”