Categories:
Economics and Culture
In fact, if you don’t laugh at these jokes, I wonder whether you’re really one of us.
In fact, if you don’t laugh at these jokes, I wonder whether you’re really one of us.
Oct 20 2007
Profit-maximizing employers should be gender-blind, right? Well, not quite. If, given all other information, women are less profitable to employ at a given wage than men, then profit-maximizing employers can't afford be gender-blind. That's the great lesson of the theory of statistical discrimination. So why would ...
Oct 19 2007
Shrewd labor economics from the latest issue of Entertainment Weekly:For an actor, speaking out about contract demands may seem like a smart PR or legal move, but the strategy can often backfire in Hollywood when it comes to landing the next job. After all, who wants to work with a troublemaker always looking for a bi...
Oct 19 2007
In fact, if you don't laugh at these jokes, I wonder whether you're really one of us.
READER COMMENTS
Matt H
Oct 19 2007 at 2:23pm
I’ve starting using economics, with a nod to Bastiat, in pick-up lines. Something like this: “If you like guys who notice the little things, you can’t beat an economist. We see the unseen.” It didn’t work as well as I’d hoped.
Acad Ronin
Oct 19 2007 at 3:13pm
You might be an econ if you refer to your children as “luxury consumption goods” and point out that the opportunity cost of their college tuition is at least a Jag.
Troy Camplin
Oct 19 2007 at 6:03pm
Here’s my personal favorite (due to its being true in my case):” …you’ve spent your whole career at a university or other public sector job talking about how great the private sector is.” And here all this time I thought I was an interdisciplinary scholar! (which may also explain why I’m at a university, since nobody seems to know what that is or what to do with it.)
dearieme
Oct 20 2007 at 10:55am
A prospective employer once said to me “I’ll double you pay”. I must have looked surprised. He asked “How much are you paid?” I told him. “Christ, that’s pathetic” he said, “I’ll treble your pay.” You’ll observe that I didn’t actually negotiate at all.
champthom
Oct 20 2007 at 12:08pm
The last joke with the “can opener” bit is one I also heard from one of my professors. However, I’ve heard it a long time ago except instead of an economist, it was a mathematician and instead of a deserted island, it was about a case of the old fashion beer without tabs to open the can.
It works either way, actually, with equally humorous results.
TGGP
Oct 20 2007 at 10:50pm
The best mathematician joke involves a spherical cow.
John
Oct 24 2007 at 9:31am
You might be an economist if you divide your relatives into two columns — assets and liabilities.
Caliban Darklock
Oct 24 2007 at 2:15pm
I’ve always liked the version of the can joke where it was a physicist, a chemical engineer, and a mathematician who were each locked in individual boxes for a month to see how they solved the problem of cans but no can opener.
When the physicist’s box was opened, he demonstrated that if you throw the can just so into the corner, it will pop open.
When the chemical engineer’s box was opened, they discovered that he had somehow improvised an explosive, blown off the back of the box, and escaped.
When the mathematician’s box was opened, he was dead. Scrawled on the wall, they found his final words – “Hypothesis: If I cannot open these cans, I will die. Proof: Assume the opposite.”
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