Saturday, January 12, 2008

The Actuary Song

Be an actuary every day!
Tell the people what they have to pay.
Be it in insurance companies, schools or banks or zoos,
Risks are all around us,
the math is up to you!
So, be an actuary every day.

(my sisters and I made this one up.)

Friday, January 11, 2008

Published for the first time...

My economics jokes!
(Remember, the punch lines are all Rolling Stones songs.)

1. What does Mick Jagger say in support of Milton Friedman's anti-Keynesian school of thought?

2. How do the Rolling Stones describe the ever-present problem of limited resources for unlimited wants?

3. What does Mick Jagger say when he has consumed a good up to the point of saturation?

Before you scroll down to the answers, here is my limerick on protectionist trade policies.

There are some countries who ban
Foreign goods, and start changing demand.
Interest groups are smiling,
But prices are rising,
Bringing pain to the every day man.

Answers:
1. "Time is on my side."
2. "You can't always get what you want, but if you try sometimes, you just might find, you get what you need."
3. "I can't get no satisfaction."


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