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Old November 12th 04, 04:13 AM
Richard Hertz
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"Nomen Nescio" ] wrote in message
...
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From: "Jay Honeck"

If it were a "science" there would be "facts" and "truth" in economics.
Instead, we have "Keynesian" theory, and "Supply Side" theory, and
"Trickle
Down" theory, and a hundred other theories, all attempting to provide some
sort of plausible explanation for why the very human creation called an
"economy" actually behaves the way it does.

And this is as the macro-economic level, where things are a bit closer to
science. It's a far cry from physics, chemistry or pure mathematics.

And a the micro-economic level, you might as well toss the bones, or read
your tea leaves -- you'll be just as accurate at predicting the future.



Einstein dies and goes to heaven only to be informed that his room is
not yet ready. "I hope you will not mind waiting in a dormitory. We
are very sorry, but it's the best we can do and you will have to share
the room with others." he is told by the doorman (say his name is
Pete). Einstein says that this is no problem at all and that there is
no need to make such a great fuss. So Pete leads him to the dorm.
They enter and Albert is introduced to all of the present
inhabitants. "See, Here is your first room mate. He has an IQ of
180!"
"Why that's wonderful!" Says Albert. "We can discuss mathematics!"
"And here is your second room mate. His IQ is 150!"
"Why that's wonderful!" Says Albert. "We can discuss physics!"
"And here is your third room mate. His IQ is 100!"
"That Wonderful! We can discuss the latest plays at the theater!"
Just then another man moves out to capture Albert's hand and shake it.
"I'm your last room mate and I'm sorry, but my IQ is only 80."
Albert smiles back at him and says, "So, where do you think interest
rates are headed?"


outstanding.


(author unknown)


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