Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, January 6, 2013

(Share) "Bovine Economics"

A beautiful post from THE P.H.P (a personal blog).Here you go :

LET'S UNDERSTAND THE NATIONS IN RESPECT OF BOVINE ECONOMICS::

TRADITIONAL ECONOMICS:
You have two cows. 
You sell one and buy a bull. 
Your herd multiplies and the economy grows.
You retire on the income.

INDIAN ECONOMICS:
You have two cows.
You worship them.

PAKISTANI ECONOMICS:
You don't have any cows.
You claim that the Indian cows belong to you.
You ask the US for financial aid,
China for military aid,
Britain for warplanes,
Italy for machines,
Germany for technology,
France for submarines,
Switzerland for loans,
Russia for drugs and
Japan for equipment.
You buy the cows with all this and claim of exploitation by the world.

AMERICAN ECONOMICS:
You have two cows.
You sell one and force the other to produce the milk of four cows.
You profess surprise when the cow drops dead.
You put the blame on some nation with cows & naturally that nation will be a danger to mankind.
You wage a war to save the world and grab the cows.

JAPANESE ECONOMICS:
You have two cows.
You redesign them so that they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create cute cartoon cow images called 'Cowkimon' and market them worldwide.

CHINESE ECONOMICS:
You have two cows.
You have 300 people milking them.
You claim full employment, high bovine productivity and arrest anyone reporting the actual numbers.

RUSSIAN ECONOMICS:
You have two cows.
You count them and learn you have five cows.
You count them again and learn you have 42 cows.
You count them again and learn you have 17 cows.
You give up counting and open another bottle of Vodka

FRENCH ECONOMICS:
You have two cows.
You go on strike because you want three cows.

GERMAN ECONOMICS:
You have two cows.
You re-engineer them so that they live for 100 years, eat once a month and milk themselves.

BRITISH ECONOMICS:
You have two cows.
They are both mad.

ITALIAN ECONOMICS:
You have two cows.
You don't know where they are.
You break for lunch.

SWISS ECONOMICS:
You have 5000 cows, none of which belong to you.
You charge others for storing them.

Tuesday, November 20, 2012

(Share) "The economics class"

 An economics professor at a  local college made a statement that he had never  failed a single student before, but had recently  failed an entire class.

That class had insisted that  Obama's socialism worked and that no one would be poor  and no one would be rich, a great equalizer.  

The professor then said, "OK, we will have an  experiment in this class on Obama's plan".

All grades  will be averaged and everyone will receive the same  grade so no one will fail and no one will receive an  A.... (substituting grades for dollars - something  closer to home and more readily understood by  all).

After the first test, the grades were  averaged and everyone got a B. 

The students who  studied hard were upset and the students who studied  little were happy. 

As the second test rolled around,  the students who studied little had studied even less  and the ones who studied hard decided they wanted a  free ride too so they studied little. 

The  second test average was a D! No one was happy.  

When the 3rd test rolled  around, the average was an F. 

As the tests  proceeded, the scores never increased as bickering,  blame and name-calling all resulted in hard feelings  and no one would study for the benefit of anyone else. 

To their great surprise, ALL FAILED and the  professor told them that socialism would also  ultimately fail because when the reward is great, the  effort to succeed is great, but when government takes  all the reward away, no one will try or want to  succeed.





Moral of the story :
5. When half of  the people get the idea that they do not have to work  because the other half is going to take care of them,  and when the other half gets the idea that it does no  good to work because somebody else is going to get  what they work for, that is the beginning of the end  of any nation.