Copies of the following bastardized Christmas Carols from the University of Chicago Department of Economics can be found in Milton Friedman’s papers at the Hoover Institution Archives. They are filed with other skit party materials in a folder marked “University of Chicago, Miscellaneous”.
These texts are undated, one might say timeless.
From the same collection: a HMS Pinafore parody; “Ode to an Economist”).
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THE TWELVE WEEKS OF CLASSES
(tune: “The Twelve Days of Christmas”)
On the first week of class my Professor said to me:
We must maintain consumer sovereignty!
Second week: Uncertainty is no answer, and
Third week: Impute costs,
Fourth week: Lunch is never free,
Fifth week: Free Enterprise!!!
Sixth week: Marshall is our hero;
Seventh week: M V equals P T;
Eight week: Manna comes each Monday;
Ninth week: Inflation is an evil;
Tenth week: This week do the readings;
Eleventh week: Answer true or false please;
Twelfth week: SORRY, BUT I FLUNKED YOU!
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SONG FOR AN ENTREPRENEUR
(To the tune of Jingle Bells)
Maximize, maximize, that’s the crucial key.
Allocate resources by their productivity.
Equalize VMP’s with their prices, and
Your production function is the finest in the land.
Source: Hoover Institution Archives. Milton Friedman papers. Box 79, Folder “79.6 University of Chicago, Miscellaneous.”
Image Source: From a 1939 Nativity Play in Rockefeller Chapel in 1939. University of Chicago Photographic Archive, apf4-03011. Special Collections Research Center, University of Chicago Library.