Although only actual economists laugh at these jokes, the really illustrate (ridicularize?) the essential views of each school of thought:
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: Two. One to assume the existence of ladder and one to change the bulb.
Q:How many Keynesian economists does it takes to change a light bulb?
A:All. Because then you will generate employment, more consumption, dislocating the AD (agg. demand) to the right,...
Q: How many marxists does it take to screw in a lightbulb?
A: None - the bulb contains within it the seeds of its own revolution.
Q: How many environmental economists does it take to change a lightbulb?
A: Eight - one to turn the lightbulb and seven to do the environmental impact study.
Q: How many neo-classical economists does it take to change a light bulb?
A: It depends on the wage rate.
Q: How many conservative economists does it take to change a light bulb?
A: None. If the government would just leave it alone, it would screw itself in.
And to summarize the inefficiency of it all:
Given 1000 economists, there will be 10 theoretical economists with different theories on how to change the light bulb and 990 empirical economists laboring to determine which theory is the *correct* one, and everyone will still be in the dark.
PS: nowadays, I really identify more with this one :-))))):
Q: How many IT Consultants does it take to change a light bulb?
A: None. They just have to convince the client that "Dead Bulb" is a feature.
I love jokes about economists. Here's another one:
Three econometricians went out hunting, and came across a large deer. The first econometrician fired, but missed, by a metre to the left. The second econometrician fired, but also missed, by a metre to the right. The third econometrician didn't fire, but shouted in triumph, "We got it! We got it!
:)
Posted by: Zé António on January 19, 2004 11:43 PMHey Claudia, do you know how many physicists are required to change a light bulb?
A: One to hold the bulb steady, while waiting for the Earth to spin around.
Posted by: Zé António on January 19, 2004 05:31 PMEH EH EH :-))))
Posted by: CP on January 13, 2004 10:34 AM