This blog is a random collection of information, partly in support of my quotations web site. Other topics include wine, military news, economics, history, libertarianism, and other random things which happen to strike my fancy. Backup site is at http://quotulatiousness.blogspot.com/ (if there are no posts showing, hit the backup blog for explanation). Comments have been turned off, as the spam was getting too much to handle. Comments can be emailed to me for posting.

April 03, 2007

Scott Adams' latest economic theory

Scott Adams, creator of the Dilbert-based economic empire, has come up with a new economic theory, which appears to be unrefutable:

We can test the validity of this theory by seeing how well it predicts behavior. For example, the Boner Theory of Economics predicts that eventually all shoe salespeople jobs will be filled by men with foot fetishes. The only reason it’s not completely true already is that the managers filling those jobs haven’t realized they are overpaying. I wonder how many interviews have gone like this:

Manager: "The job involves kneeling in front of women and touching their feet. Are you okay with that?"

Applicant: "Um . . . er . . . yes."

Manager: "The pay is $10 per hour."

Applicant: "I can only afford to pay you $8 per hour."

Manager: "We pay you. You don’t pay us."

Applicant: "Can we start over with the negotiating?"

Posted by Nicholas at April 3, 2007 12:05 PM
Comments


Visitors since 17 August, 2004