Disclaimer: This post is rated PG (not G) because of mild jokes about religion and repeated uses of the “s” word, so it’s probably not appropriate for use in high schools.

The premise

A well-known series of jokes uses variations on the theme of “Shit happens” to explain world religions, e.g., Taoism: Shit happens. Hinduism: This shit has happened before. Zen: What is the sound of shit happening? Judaism: Why does this shit always happen to us? Christian Science: That shit is all in your mind. Quaker: Let’s not fight over this shit. Atheism: I don’t believe this shit. (For more, see here or here.)

S*** happens: the economics version

In the interest of public education, I am compiling a similar list of funny, pithy, and informative one-liners to help illuminate the universe that is economics, including economic disciplines (Environmental economics: Tax that shit. Development economics: How can poor countries get more shit? Behavioral economics: This shit is irrational), economic schools of thought (Classical macroeconomics: Shit does not happen. Neoclassical synthesis: Shit happens in the short run but not in the long run. Supply-side economics: Cut taxes and you’ll get more shit), economic personalities (Paul Krugman: Shit happens because of the Republicans. Greg Mankiw: You can read about this shit in my favorite textbook. Milton Friedman: If you put the federal government in charge of toilets, in five years there would be a shortage of shit), and anything else economics-related that you can think of. Posts will be moderated, and please keep them PG.

PS. I especially encourage jokes by and about the Austrian School, perhaps because I’m still trying to understand it myself!

Help out and you could win Cartoon Macro!

Add your suggestions in the comments fields below (or send me an email). I will select my favorites and include them in my routine, starting with the American Economic Association Humor Session in Chicago on January 7, 2012. In my routine I will give credit to whatever name is listed on your post unless you specifically indicate a desire to be anonymous. And winners will receive an autographed copy of Cartoon Introduction to Economics, Volume Two: Macroeconomics when it comes out in January! (Even without the autograph that’s a $12 value 🙂