keep high work profile
Never write a note or memo if you can phone or visit instead; everyone wants to talk whenever you're ready.
Don't sit down to talk. The acoustics are better the higher you are, and remember that most people are a bit deaf so speak up louder!
Try to talk with _at least_ three people between you and your listener, so that they don't feel left out.
The very best place for a conversation is in the corridor, beside someone else's desk. If the corridor is full, try leaning against their cupboard or hanging over their screen.
Never warn people of your approach by knocking on their desk or cupboard. People love surprises, especially if they're busy.
The best time to disturb someone is when they look thoughtful or are concentrating. It's your _duty_ to give them a break now and again.
To make sure that _you_ get regular breaks, never use a "Do No Disturb" sign. When other people use them they're only joking.
Always hold meetings around a desk. If you book a conference room everyone will think you've got something to hide.
If the phone isn't answered after four rings, hang on. Someone will answer it eventually, and they might like a chat, too.
Never divert calls if you're leaving your desk. Your telephone could get into bad habits.
Try to whistle, hum or tap your fingers while you work. It is a comfort to others to know that you're still there.
If you have to design the office layout, remember to leave lots of wide-open spaces so that we can see and hear each other right across the floor.
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Don't sit down to talk. The acoustics are better the higher you are, and remember that most people are a bit deaf so speak up louder!
Try to talk with _at least_ three people between you and your listener, so that they don't feel left out.
The very best place for a conversation is in the corridor, beside someone else's desk. If the corridor is full, try leaning against their cupboard or hanging over their screen.
Never warn people of your approach by knocking on their desk or cupboard. People love surprises, especially if they're busy.
The best time to disturb someone is when they look thoughtful or are concentrating. It's your _duty_ to give them a break now and again.
To make sure that _you_ get regular breaks, never use a "Do No Disturb" sign. When other people use them they're only joking.
Always hold meetings around a desk. If you book a conference room everyone will think you've got something to hide.
If the phone isn't answered after four rings, hang on. Someone will answer it eventually, and they might like a chat, too.
Never divert calls if you're leaving your desk. Your telephone could get into bad habits.
Try to whistle, hum or tap your fingers while you work. It is a comfort to others to know that you're still there.
If you have to design the office layout, remember to leave lots of wide-open spaces so that we can see and hear each other right across the floor.
nerds versus jocks
An answer to the eternal question "Is it better to be a jock or a nerd?"
Michael Jordan will make over $300,000 a game: $10,000 a minute, assuming he averages about 30 minutes per game.
Assuming $40 million in endorsements next year, he'll be making $178,100 a day (working or not)!
Assuming he sleeps 7 hours a night, he makes $52,000 every night while visions of sugarplums dance in his head.
If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there.
If he decides to have a 5 minute egg, he'll make $618 while boiling it. He makes $7,415/hr more than minimum wage (after the wage hike).
He'll make $3,710 while watching each episode of Friends.
If he wanted to save up for a new Acura NSX ($90,000) it would take him a whole 12 hours.
If someone were to hand him his salary and endorsement money, they would have to do it at the rate of $2.00 every second.
He'll probably pay around $200 for a nice round of golf, but will be reimbursed $33,390 for that round.
Assuming he puts the federal maximum of 15% of his income into his tax deferred account (401k), he will have hit the federal cap of $9500 for such accounts at 8:30 a.m. on January 1st, 1998.
If you were given a tenth of a penny for every dollar he made, you'd be living comfortably at $65,000 a year.
He'll make about $19.60 while watching the 100 meter dash in the Olympics. He'll make about $15,600 while the Boston Marathon is being run.
While the common person is spending about $20 for a meal in his trendy Chicago restaurant, he'll pull in about $5600.
Next year, he'll make more than twice as much as all of our past presidents for all of their terms combined. Amazing isn't it?
But:
Jordan will have to save 100% of his income for 270 years to have a net worth equivalent to that of Bill Gates.
Nerds win!
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Michael Jordan will make over $300,000 a game: $10,000 a minute, assuming he averages about 30 minutes per game.
Assuming $40 million in endorsements next year, he'll be making $178,100 a day (working or not)!
Assuming he sleeps 7 hours a night, he makes $52,000 every night while visions of sugarplums dance in his head.
If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there.
If he decides to have a 5 minute egg, he'll make $618 while boiling it. He makes $7,415/hr more than minimum wage (after the wage hike).
He'll make $3,710 while watching each episode of Friends.
If he wanted to save up for a new Acura NSX ($90,000) it would take him a whole 12 hours.
If someone were to hand him his salary and endorsement money, they would have to do it at the rate of $2.00 every second.
He'll probably pay around $200 for a nice round of golf, but will be reimbursed $33,390 for that round.
Assuming he puts the federal maximum of 15% of his income into his tax deferred account (401k), he will have hit the federal cap of $9500 for such accounts at 8:30 a.m. on January 1st, 1998.
If you were given a tenth of a penny for every dollar he made, you'd be living comfortably at $65,000 a year.
He'll make about $19.60 while watching the 100 meter dash in the Olympics. He'll make about $15,600 while the Boston Marathon is being run.
While the common person is spending about $20 for a meal in his trendy Chicago restaurant, he'll pull in about $5600.
Next year, he'll make more than twice as much as all of our past presidents for all of their terms combined. Amazing isn't it?
But:
Jordan will have to save 100% of his income for 270 years to have a net worth equivalent to that of Bill Gates.
Nerds win!
question and answer
An economist is a trained professional paid to guess wrong about the economy. An econometrician is a trained professional paid to use computers to guess wrong about the economy.
Talk is cheap. Supply exceeds Demand.
Bentley's second Law of Economics: The only thing more dangerous than an economist is an amateur economist!
Berta's Fundamental Law of Economic Rents.. "The only thing more dangerous than an amateur economist is a professional economist."
Definition: Policy Analyst is someone unethical enough to be a lawyer, impractical enough to be a theologian, and pedantic enough to be an economist.
Three econometricians went out hunting, and came across a large deer. The first econometrician fired, but missed, by a meter to the left. The second econometrician fired, but also missed, by a meter to the right. The third econometrician didn't fire, but shouted in triumph, "We got it! We got it!"
Q: How has French revolution affected world economic growth?
A: Too early to say.
Q: What do economists and computers have in common?
A: You need to punch information into both of them.
Q: Why does Treasury only have 10 minutes for morning tea?
A: If they had any longer, they would need to re-train all the economists.
Q: Did you hear of the economist who dove into his swimming pool and broke his neck?
A: He forgot to seasonally adjust his pool.
NATURAL RATE OF UNEMPLOYMENT: Newlan's Truism: An "acceptable" level of unemployment means that the government economist to whom it is acceptable still has a job.
Q: Why did the market economist cross the road?
A: To reach the consensus forecast.
Q: What does an economist use when calculating constant-dollar estimates?
A: Deflator mouse
Q: How many Chicago School economists does it take to change a light bulb?
A: None. If the light bulb needed changing the market would have already done it.
Q: How many mainstream economists does it take to change a light bulb?
A: Two. One to assume the existence of ladder and one to change the bulb.
Q: How many neo-classical economists does it take to change a light bulb?
A: It depends on the wage rate.
Q: How many conservative economists does it take to change a light bulb?
A: None. The darkness will cause the light bulb to change by itself.
Q: How many B-school doctoral students does it take to change a light bulb?
A: I'm writing my dissertation on that topic; I should have an answer for you in about five years.
Q: How many investors does it take to change a light bulb?
A: None - the market has already discounted the change.
Q: How many Keynesian economists does it takes to change a light bulb?
A: All. Because then you will generate employment, more consumption, dislocating the aggregate demand to the right.
Q: How many marxists does it take to screw in a lightbulb?
A: None - the bulb contains within it the seeds of its own revolution.
When drawing up the guest list for a dinner party, inviting more than 25% economists ruins the conversation.
Economics is the painful elaboration of the obvious.
Q: How many economists does it take to change a light bulb?
A: Seven plus or minus ten.
Q: How many economists does it take to change a light bulb?
A: Irrelevant - the light bulb's preferences are to be taken as given.
Q: What's the difference between an economist and a befuddled old man with Alzheimer's?
A: The economist is the one with the calculator.
Q: What's the difference between economists and businessmen?
A: The first don't keep their feet on the ground; the latest use to keep their four feet in the ground
Given 1000 economists, there will be 10 theoretical economists with different theories on how to change the light bulb and 990 empirical economists laboring to determine which theory is the *correct* one, and everyone will still be in the dark.
Q: Why did God create economists?
A: In order to make weather forecasters look good.
Q: What does an economist do?
A: A lot in the short run, which amounts to nothing in the long run.
Two economists meet on the street.
One inquires, "How's your wife?"
The other responds, "Relative to what?"
To an economist, real life is a special case.
Q: How many economists does it take to change a lightbulb?
A: Eight. One to screw it in and seven to hold everything else constant.
Economists have forecasted nine out of the last five recessions.
When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.
Econometrics is the art of drawing a crooked line from an unproved assumption to a foregone conclusion."
Q: Why has astrology been invented?
A: So that economy could be an accurate science.
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Talk is cheap. Supply exceeds Demand.
Bentley's second Law of Economics: The only thing more dangerous than an economist is an amateur economist!
Berta's Fundamental Law of Economic Rents.. "The only thing more dangerous than an amateur economist is a professional economist."
Definition: Policy Analyst is someone unethical enough to be a lawyer, impractical enough to be a theologian, and pedantic enough to be an economist.
Three econometricians went out hunting, and came across a large deer. The first econometrician fired, but missed, by a meter to the left. The second econometrician fired, but also missed, by a meter to the right. The third econometrician didn't fire, but shouted in triumph, "We got it! We got it!"
Q: How has French revolution affected world economic growth?
A: Too early to say.
Q: What do economists and computers have in common?
A: You need to punch information into both of them.
Q: Why does Treasury only have 10 minutes for morning tea?
A: If they had any longer, they would need to re-train all the economists.
Q: Did you hear of the economist who dove into his swimming pool and broke his neck?
A: He forgot to seasonally adjust his pool.
NATURAL RATE OF UNEMPLOYMENT: Newlan's Truism: An "acceptable" level of unemployment means that the government economist to whom it is acceptable still has a job.
Q: Why did the market economist cross the road?
A: To reach the consensus forecast.
Q: What does an economist use when calculating constant-dollar estimates?
A: Deflator mouse
Q: How many Chicago School economists does it take to change a light bulb?
A: None. If the light bulb needed changing the market would have already done it.
Q: How many mainstream economists does it take to change a light bulb?
A: Two. One to assume the existence of ladder and one to change the bulb.
Q: How many neo-classical economists does it take to change a light bulb?
A: It depends on the wage rate.
Q: How many conservative economists does it take to change a light bulb?
A: None. The darkness will cause the light bulb to change by itself.
Q: How many B-school doctoral students does it take to change a light bulb?
A: I'm writing my dissertation on that topic; I should have an answer for you in about five years.
Q: How many investors does it take to change a light bulb?
A: None - the market has already discounted the change.
Q: How many Keynesian economists does it takes to change a light bulb?
A: All. Because then you will generate employment, more consumption, dislocating the aggregate demand to the right.
Q: How many marxists does it take to screw in a lightbulb?
A: None - the bulb contains within it the seeds of its own revolution.
When drawing up the guest list for a dinner party, inviting more than 25% economists ruins the conversation.
Economics is the painful elaboration of the obvious.
Q: How many economists does it take to change a light bulb?
A: Seven plus or minus ten.
Q: How many economists does it take to change a light bulb?
A: Irrelevant - the light bulb's preferences are to be taken as given.
Q: What's the difference between an economist and a befuddled old man with Alzheimer's?
A: The economist is the one with the calculator.
Q: What's the difference between economists and businessmen?
A: The first don't keep their feet on the ground; the latest use to keep their four feet in the ground
Given 1000 economists, there will be 10 theoretical economists with different theories on how to change the light bulb and 990 empirical economists laboring to determine which theory is the *correct* one, and everyone will still be in the dark.
Q: Why did God create economists?
A: In order to make weather forecasters look good.
Q: What does an economist do?
A: A lot in the short run, which amounts to nothing in the long run.
Two economists meet on the street.
One inquires, "How's your wife?"
The other responds, "Relative to what?"
To an economist, real life is a special case.
Q: How many economists does it take to change a lightbulb?
A: Eight. One to screw it in and seven to hold everything else constant.
Economists have forecasted nine out of the last five recessions.
When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.
Econometrics is the art of drawing a crooked line from an unproved assumption to a foregone conclusion."
Q: Why has astrology been invented?
A: So that economy could be an accurate science.
business one-liners 03
A day without sunshine is like night.
A disagreeable task is its own reward.
A donkey is a horse designed by a study team.
A fail-safe circuit will destroy others.
A flying particle will seek the nearest eye.
A fool and his money are soon elected.
A fool and his money stabilize the economy.
A free agent is anything but.
A friend in need is a pest indeed.
A geophysicist is not drunk as long as he can hang onto a single blade of grass and not fall off the face of the earth.
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A disagreeable task is its own reward.
A donkey is a horse designed by a study team.
A fail-safe circuit will destroy others.
A flying particle will seek the nearest eye.
A fool and his money are soon elected.
A fool and his money stabilize the economy.
A free agent is anything but.
A friend in need is a pest indeed.
A geophysicist is not drunk as long as he can hang onto a single blade of grass and not fall off the face of the earth.
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