Bumbling, Impractical, Disconnected Economists

More on how clueless economists are. My comments are in brackets and bold:

How many economists does it take to change a lightbulb?

• Two: One to change the bulb and one to assume the existence of a ladder.
• Eight: One to screw in the light bulb and seven to hold everything else constant.
• None: They are all waiting for an invisible hand...more>> more>>