June

Economist Day

June 2, Economist Day

The Economist Day is celebrated in Buenos Aires, Argentina every 2nd of June each year. This day gives honor to all economists out there and also celebrates the field of economics. Economics deserves love, respect, and understanding from the people because, without it, our markets and government operations would have failed.

In addition, Economists deserve to be respected also during this day (which is basically dedicated to them) for their years of study to understand economies and give extremely helpful advice on what policies should be made in the economy.

Economics Day is our annual celebration to recognize outstanding achievements by undergraduate and graduate students and exemplary teaching by economics faculty. It is made possible by the generosity of the Department of Economics and Penn Institute for Economic Research with the generous support of the W. P. Carey Foundation and E. B. Cohen Insurance and Risk Management.

About the Economist Day

During the Economist Day, people conduct various activities that let them achieve the purposes or goals of this day. For one, people greet and show their respect for economists and the economics subject in general. People also shout out on social media how they are celebrating this day.Economist Day

History

Unfortunately, even with extensive research about this holiday, we are not sure how it started or even who founded it. But still, we can make a good guess as to the reason why this celebration began. Perhaps a person or a group of people thought that there are different kinds of holidays dedicated to different kinds of professions. Economists also deserve a special day dedicated for them and hence, the Economist Day was founded.

Dates

As mentioned earlier, the Economist Day is held every 2nd of June each year. This means that the dates of celebration for this event are as follows:

  • Friday, June 2,
  • Wednesday, June 2,
  • Thursday, June 2, 2022
  • Friday, June 2, 2023
  • Sunday, June 2, 2024
  • Monday, June 2, 2025

Why Celebrate

The main reason why you should celebrate this day is for you to be able to show your gratitude to all economists, which rarely happens.

Celebration Ideas and Activities

The following are the best things to do to make your celebration of the Economist Day as best as it can be:

Thank and Greet Economists

One good idea for your celebration of this day is to thank and greet economists. You can do this to both world-renowned economists and even those who just majored in economics. Most importantly, you can thank your economics teachers for making this somehow complicated subject a little bit easier for you to understand.

Learn Economics

Also a good reason to celebrate this day is to learn economics. Though complex, this subject is extremely useful towards understanding the real world. At first, it is kind of complicated to understand. But once you get into the basics, it becomes a little bit easier.

Celebrate on Social Media

You can also take your celebration of this day on social media. You can, for instance, use the hashtag #EconomistDay to let your friends and followers know that you are also participating in the celebration of this important day.

Quotes

  • “The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” – Thomas Sowell
  • “Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder.” – John F. KennedyEconomist Day
  • “When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.” – Warren Buffett
  • “Zero-sum thinking is an obsession of mine, but mostly in economics.” – P. J. O’Rourke
  • “Economics is not brain surgery.” – Ben Carson
  • “I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it is Netscape, is about people with brave ideas. Because it is brave to mortgage the house, when you’ve got two kids, to start a coffee shop.” – Tom Peters
  • “There ain’t no such thing as a free lunch.” ― Pierre Dos Utt
  • “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” ― Murray N. Rothbard
  • “One of the Great Rules of Economics According to John Green If you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich.” ― John Green
  • “Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks that are not only too big to fail, but too big to be held accountable.”― Joseph E. Stiglitz
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