All Episodes

December 31, 2020 1 min

Economics has been called the dismal science, kind of like the economist who has forecast 10 of the last 5 recessions. I have a lot of friends who are economists, and they know that making forecasts is a very risky proposition. One friend of mine says, "Give them a date or give them a number but never give them both." When you study economics, you come across, of course, the law of averages, and this poem is called "On Average."

Two economists were sitting in a small duck blind,

peering across the field where the moonlight shined.

These economists' job was to calculate

various economic factors all across the state.

They were widely known experts who knew economic measures

so well that they were considered academic treasures.

But they took a break from the numbers front

to take part in this annual morning duck hunt.

It was quiet all around this field

as they waited for trophies that their hunt would yield.

Then first light came on this cool gray day,

and they heard a lone duck as they flew their way.

Both economists fired as the duck flew by,

one shot five feet low, the other five feet high.

As the duck flew away, one economist said,

"Well, on average, that darn duck is dead."

Happy trails.

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Cardiac Cowboys

Cardiac Cowboys

The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.