On a Less Serious Note
Here are some popular jokes:
… about economists …
- Curt Monash once reported: “I was standing with Ken Arrow by a bank of elevators on the ground floor of William James Hall at Harvard. Three elevators passed us on our way to the basement. I foolishly said ‘I wonder why everybody in the basement wants to go upstairs.’ He responded, almost instantly: ‘You’re confusing supply with demand.’”
- 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: Irrelevant – the light bulb’s preferences are to be taken as a given.
- Q: How many central bank economists does it take to screw in a light bulb?
A: Just one – he holds the light bulb and the whole earth revolves around him.
… about physicians …
- Q: How many doctors does it take to change a light bulb?
A: That depends on whether it has health insurance.
- Q: Hoy many surgeons does it take to change a light bulb?
A: None. They would wait for a suitable donor and do a filament transplant.
- Q: How many veterinarians does it take to change a light bulb?
A: Three. One to change the bulb and two more to complain that an M.D. makes ten times as much for the same procedure.
… about psychiatrists …
- Q: How many psychiatrists does it take to change a light bulb?
A1: One, but he must consult the DSM-IV.
A2: Why does the light bulb necessarily have to change?
A3: How long have you been having this fantasy?
… about psychologists …
- Q: How many psychologists does it take to change a light bulb?
A1: None. The light bulb will change itself when it’s ready.
A2: Just one, but the light bulb really has to want to change.
A3: Just one, but it takes nine visits.
… about students of psychology …
- Q: Who was Right: Pavlov or Freud?
A: Unbeknownst to most students of psychology, Pavlov’s first experiment was to ring a bell and cause his dog to attack Freud’s cat.
… about real-life ethics …
- Towards a General Theory of Justice:
“As far as I’m concerned, they can do what they want with the minimum wage, just as long as they keep their hands off the maximum wage.”
… about managers …
- Managerial Decision-Making: Science or Art?
“Your background in creative decision-making is interesting, but we’re looking for someone with a strong background in creative order following.”
… and, perhaps inevitably, about health economists …
- “The drug itself has no side effects – but the number of health economists needed to prove its value may cause dizziness and nausea.”
… and about health care analysts
- “It may well bring about immortality – but it will take forever to test it.”