Wednesday, November 12, 2008

Who Says Economists Don't Have a Sense of Humor

From George Stigler's famous The Theory of Price, Third Edition.

Again, those enterprises requiring very close coordination of skills of men are seldom large scale: no novel can be written by more than two persons (and of these at most one can be a woman), no orchestra can have 300 members and still be called symphonic.
Two of my female colleagues didn't find this as funny as I did.

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