Tag Archives: economy

10 Economics short jokes

Jokes and stand-up comedians on Economy and Finance

Here are 10 short jokes + some extra jokes about economics and economists, some of them made up by economists themselves. Have fun and remember what Oscar Wilde used to say: Life is too important to be taken seriously. So, without further ado, keep calm and let the fun begin!

‚ÄėI‚Äôm a walking economy, you know‚Äô
‚ÄėHow so?‚Äô
‚ÄėMy hairline is in recession, my stomach is always in inflation, and these two together bring me into a deep depression‚Äô

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. (Sam Ewing)

Did you know economists have predicted sixty out of the last five recessions?

‚ÄúYou know it’s said that an economist is a man who, when he finds something that works in practice, wonders if it works in theory.‚ÄĚ ‚Äď Walter Heller

Q: Why are Women more pessimistic about the economy than Men? A: Because men are in charge of the economy!

There were two economists who were shipwrecked on a desert island. They had no money but over the next three years, they made millions of dollars selling their hats to each other.

Did you hear of the economist who dove into his swimming pool and broke his neck? He forgot to seasonally adjust.

Why was astrology invented? So economics would seem like an accurate science.

How many economists does it take to change a light bulb? Seven, plus/minus ten.

Extra jokes

Economists do it with models

‚ÄúWe have 2 classes of forecasters: Those who don’t know . . . and those who don’t know they don’t know. ‚Äú – John Kenneth Galbraith.

What did the ruthless businessperson say to their employees?   If at first you don‚Äôt succeed, you‚Äôre fired!

Business is up and down at the moment; I sell yo-yos.

The banker fell overboard from a friend‚Äôs sailboat.  The friend grabbed a life preserver, held it up, not knowing if the banker could swim, and shouted, ‚ÄúCan you float alone?‚ÄĚ  ‚ÄúObviously,‚ÄĚ the banker replied, ‚Äúbut this is a heck of a time to talk business.‚ÄĚ

My boss asked me to put a joke on the first slide of the presentation…apparently a picture of my pay slip wasn’t what he was looking for.

When I was younger, I really wanted to be a banker…but I kept losing interest.

What‚Äôs the best way of making a small fortune in the stock market?   Starting off with a large fortune.

A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says, “Lets smash the can open with a rock.” The chemist says, “Let’s build a fire and heat the can first.” The economist says, “Lets assume that we have a can-opener…”

memes for economists, accountants and financiers
Don’t miss out on Memes for economists, accountants and financiers!

Don’t forget to visit the Humour section of this blog. I wish you a happy Christmas and a happy new year! Hopefully there are far better things ahead than any we leave behind. (Brad Paisley). So learn from yesterday, live for today, hope for tomorrow (CS Lewis).

P2P Governance: Blockchain as a Commons

How could a P2P Economy save the Planet?

I attended a conference given by Michel Bauwens yesterday in Barcelona that really went above and beyond my expectations and, to my astonishment, it made me see things through a different and hopeful prism.

Earlier on Financial Translation I wrote about the blockchain and even tackled some very alternative tools for organsing economy (see W√∂rgl, the miracle of a local currency) or Fuller’s World Game (see If we ruled the world), but yesterday Michael Bauwens took it up a notch.

Michael Bauwens, the founder and director of the P2P Foundation, is a top figure in the field of P2P economies and the commons movement. He presented his last P2P Foundation report “Towards a P2P Infrastructure for a Socially-Just Circular Society” . It explains how using shared perma-circular supply chains, post blockchain distributed ledgers, protocol cooperatives, and other forms of post-capitalist accounting, could save the planet.

Michel Bauwens P2P Economy Barcelona Meetup

Whether you are a fan of neoliberalism or not, and regardless of ethical and moral considerations, at this point, one thing that few people seem to doubt is that, at the current rate of growth, this system will end up depleting our natural resources and threatening our very existence. As we all know, the logic behind neoliberal capitalism is continuous growth. It just can’t stop growing. It’s like a shark: It has to constantly move forward or it dies. In a world of limited resources, it is sentencing human beings ‚ÄĒand along with us many other species‚ÄĒ to extinction. So it is not a question of ideologies or ethics, it has become an issue of sheer survival.

Since the fall of the soviet bloc, there has been no alternative to predatory ‘capitalism’ (which nowadays is not even capitalism, but an oligarchy exercising economic, social, and political influence out of all proportion). When you look at it, the paradox is that real capitalism was against oligarchic economies, and liberal countries were the ones with more antitrust laws to ensure free competition‚Ķ That being said, what if ‘capitalism’ , ‘communism’ or any of their hybrids weren’t the only systems under which human societies could be organised? Ever since slavery, including feudalism, communism and capitalism, power has always been centralised. Even under communism, power was centralised in a single political party. Not surprisingly, it has been the source of corruption, plundering of natural resources, abuse and misuse of power, destruction of the environment, inneficiency, inequity, modern slavery, injustice and grievance…

The point is that maybe there is a decentralised way of organizing human societies in an era when states are losing legitimacy and becoming obsolete. It is hard to conceive because we have been born and raised imbued with the logic and spirit of market economy, as if we were born in a Matrix where we can’t even figure out other alternative realities to the old-fashioned post-liberal states. Michael Bawens is not himself an anarchist. He still believes there’s a need for a state and an administration, but a very different one in nature, a P2P state, a commons economy based on decentralised technology ‚ÄĒmost probably the Blockchain.

So if you want to think ouside the box, beyond the classical paradigms and expand your mind to new, decentralised ways of organising community life, listening to what Michael Bauwens has to say is a must. It actually might save the planet, which is not small feat.

my opinion

Recommended Links

P2P Accounting for Planetary Survival by Michale Bowens and Alex Pazaitis

Wörgl, the miracle of a local currency

If we ruled the world

Blockchain and Cryptocurrencies glossaries

Best Selling Business Courses

1.

Raising Money for Startups
Raising money for Startups (3.7K)

 Dave McClure

2.

Advanced Excel Training
Advanced Excel Training (50.1k)

 Infinite Skills

3. 

Social Media Marketing for Startups
Social Media Marketing for Startups (4.7 K)

 Dan Martell

4. 

Microsoft Excel 2010
Microsoft Excel 2010 (51.1 K)

 Infinite Skills

5.

The Lean StartUp
The Lean StartUp

 Eric Ries

INTERESTING COURSES

traducción financiera
Inglés financiero 30% de descuento canjeando el cupón NA1TRADFIN

 

Project Management: Gestión de los Stakeholders
Project Management: Gestión de los Stakeholders

Curso de Bolsa: Introducción al análisis técnico
Curso de Bolsa: Introducción al análisis técnic

Finance and accounting

 

El código del dinero

 

Lean Finance Startup