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>>Two economists are walking down the street and pass by a hundred dollar bill without picking it up. I can't help but notice that the joke rests on an impossi
by forcry 5y ago
>>Two economists are walking down the street and pass by a hundred dollar bill without picking it up.
I can't help but notice that the joke rests on an impossible premise that they didn't pick it up on first notice.
- bbarnett 5y agoWhoosh? That's the joke. They are so convinced in their theories, that a real world discontinuity in them is instead, seen as impossible. EG, Why would they pick up what clearly (to them) cannot exist?
- forcry 5y agobut to me it requires the economists to be so stupid to not consider the possibility that they might be indeed the first people who observe it after it has been lost..
- bbarnett 5y agoThat's the joke. Ignoring reality, empirical evidence, due to theory.
- forcry 5y agoOk, Thank you for your patience :)
- helloworld11 5y agoWow.... That this had to be explained.