As some of you know, once upon a time many years ago I spent far too many years studying the sexy science of economics. While I was finally able to break my addiction to that field and eventually stumble into professional topical joke writing, the econ thing has never really gotten out of my blood. Well, this week the worlds of economics and joke writing finally intersected when David Letterman told the following joke I wrote on Wednesday’s Late Show (6/21/06).

President Bush is in Austria today trying to convince European leaders to eliminate agricultural subsidies in order to promote global free trade.

Yeah, he has no idea what that means either.

This joke ranks right up there with getting published in Econometrica.

Click here to hear it live (format: MP3, size: 107kb) or check it out here.