Tuesday, January 20, 2009

Economist

Economist is someone who, upon hearing something works in practice, snaps "Ah! But does it work in theory?"

Risk manager is someone who, upon hearing something doesn't work in practice, assures "Ah! But it works in theory!"

Executive is someone who, upon hearing something doesn't work, mumbles "But but but my risk manager assured me it works!"

Trader is someone who, upon hearing something doesn't work, inquires "What's the spread?"

Quant is someone who, upon hearing something doesn't work, proposes "It'd work if we assume 1+1=2.429583478, instead of -1.239843924 -- that's where the standard model is wrong!"

IT manager is someone who, upon hearing something doesn't work, yells at her programmers "Why doesn't it work?"

Programmer is someone who, upon hearing something doesn't work, calls her headhunter.

Headhunter has found herself a new job as a bank teller.

Bank asks gubbermen for bailout, again.

Gubbermen asks economist for ideas.

1 comment:

custom written essay said...

I suppose that within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study of minutiae within specific markets, macroeconomic analysis, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, economics computational models, financial economics, mathematical finance and mathematical economics.