Wednesday, September 29, 2010

Assume nothing

One day in microeconomics, the professor was writing up the typical "underlying assumptions" in preparation to explain a new model.

Steve turned to his friend, Mike, and asked, "What would Economics be without assumptions?"

Mike thought for a moment, then replied, "Accounting."

No comments:

Tax offences in the bedroom – a lesson in lust and legislation

A hunky accountant and a charmingly assertive tax inspector give in to their mutual attraction and check into a hotel. Before things go too...