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Questions and answers economics

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?

A1: Two. One to assume the existence of ladder and one to change the bulb.
A2: Two. One to assume the existence of latter and one to change the bulb. 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?

A1: None. The darkness will cause the light bulb to change by itself.

A2: None. If it really needed changing, market forces would have caused it to happen.

A3: None. If the government would just leave it alone, it would screw itself in.

A4. None. "There is no need to change the light bulb. All the conditions for illumination are in place.

A5. None, because, look! It's getting brighter! It's definitely getting brighter !!!

A5. None; they're all waiting for the unseen hand of the market to correct the lighting disequilibrium.

The above light bulb jokes were mostly stolen from an article in _The_Wharton_Journal_, Feb. 21, 1994, by Selena Maranjian, who undoubtedly pilfered the humor from someone else. Selena also suggested (for you B-school types):

Q: How many Wharton MBAs does it take to change a light bulb?

A: Only one, if you hire me. I can actually change the light bulb by myself. As you can see from my resume, I've had extensive experience changing light bulbs in my previous positions. I've also been named to the Wharton Light Bulb list, and am presently a teaching assistant for Light Bulb Management 666. My only weakness is that I'm compulsive about changing light bulbs in my spare time.

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