Announcer: We regret to announce that our first skit, an

adaptation of Milan Kundera's ”The Unbearable Lightness of Being: An economist's perspective•, had to be abandoned.  The Regent's have ruled that the skit needlessly duplicated a skit performed earlier this year at the Iowa Reformatory School for Boys. We also announce that the part normally played by Orson Welles will be performed this year by Elvis Presley.

     Our scene opens with a lecture in Economics 201 which is being taught by our protagonist .... Hey have you guys figured out who is doing the lead yet?  Pardon me....our protagonist

                                                            

A:    Today class, we'll be examining the role of market prices in the efficient allocation of scarce resources.

B: (walks up wearing trench coat, flips out wallet i.d.)  The name is Doofus.. Moron Doofus, S&H Strategic Planning.

A:    Fine.  Look I'm in the middle of class here. Could you come back later?

B:  No.  This won't wait.  I'm here to make this University great and there is no time like the present to begin.  Now what is it you were teaching just now..

A:  Economics.  I'm teaching economics.

B:  Economics?  Hmmm. (consults stack of obviously disorganized papers) Economics.... Oh here it is.  We are going to stop teaching economics.  You will now be teaching French.

A:  What do you mean.  I have 150 students here who want to take economics.

B:  Yes, and that has got to stop.  These large classes don't reflect quality.  Small classes mean quality.  Now by our figures, all French classes are small and therefore of high

quality.  We will therefore change all large lecture classes to French.  Because students don't want to take French, the classes will get smaller and quality will improve.  It is a bold new step into the future internationalization of the ISU student experience.

A:(exasperated)œ  But I don't speak French.

B:  That's ok.  Neither do they.  They won't know the difference.  Besides , they weren't understanding what you were saying just now anyway.

A:  That's the point.  These students have enough trouble understanding economics in english.  They'll be completely lost in French.

B:  Exactly.  That's the goal of expanding our students' horizons. Now they'll be illiterate in more than one language.  They'll misunderstand twice as well as they did before.  The

logic is flawless.  I checked with a philosopher.

A:  Well in that case I guess it's ok.  I'll do my best.

 

Announcer:  Before we proceed to the newly redesigned class in French Econ 201,  we have a musical interlude performed by our own virtuoso genius in residence, Dr. Peter Francis John Orazem.  He will perform a composition of his own, a  poignant tale of

love in a world gone mad.  A song we like to call Song Number One.

 

Song Number One

 

Since the news has hit the street

My life has been a whirl

And everywher I turn there is a ditsy dame or cover girl

So if I seem a bit confused

Don't you be surprised

I'm just a Cosmo kind of guy

 

This evening I am going out

For a night out with the guys

We'll maybe do some bowling,  grab some steaks and fries

What's my secret for excitement

Well it just pays to advertise

That I'm a Cosmo kind of guy

 

Say Bayby Why don't I cruise over to your place

in my 65 Rambler Wagon

We'll play a rousing game of

Dungeons and Dragons

Then we'll crack open a bottle of that Gallo Pink Chablis

Settle on your big blue couch

Watch Newhart on T.V.

 

I see that you have been staring at my physique

Well I don't mind telling you that I've been lifting weights

almost half a week

And please don't fight about which parts are the best

Just revel in my macho biceps

Dig my massive chest

 

So don't you say a word

I'll do fine with your sighs

'Cause I'm a Cosmo kind of guy

 

Announcer:  That was truly awful and I mean that sincerely.  We now move to the next day where our protagonist is presenting the first lecture in the newly created course: French Econ 201.

 

A: (in horrible Inspector Clouseau accent  Repeat after me, class.  The marginal product of Moron Doofus is negative. (waits for audience to repeat)  That was very poor. Try this one, "why did the administrator chicken cross the road?"  (waits for audience to respond)  Because he had already fouled up the first side.  How about this one,  "How many administrators does it take to screw in a lightbulb?"  Give up?  I don't know either, but they are hiring a new administrator to look into the question.

C:  Ahem..

A:   What do you want?

C:  (whips out i.d.)  The name is Goober.. Extension Strategic Plan.  We'd like to talk with you.

A:  Can you come back later?  I'm in the middle of class.

C:  No.  This won't wait.  I'm here to make this University great and there is no time like the present to begin.  Now what is it you are teaching.

A:  French Econ 201.

C: (consulting pile of disorganized notes  Economics,   hmmmm.  Maybe under French eh?   hmmm  Oh wait here it is.  You're under Slater.

A:  What?

C:  University Outreach.  You will be teaching in Slater.  A guy named Bud Dworkin wants to take the class and he doesn't feel like driving to campus.

A:  You mean I have to drive to Slater to give a class to one guy?

C:  Yeah.  Isn't it great.  I tell you this Outreach program is going to win us all sorts of friends in the state.  Why, Lorna Lubich in Moravia nearly had a heart attack when I told her we were flying in Neil Harl three times a week to give her a class in her living room..... I can't wait to tell Neil about it.

A:  He'll be thrilled.

C:  Well that's good.  I thought he might be busy... Not that it matters of course.  By the way, Bud wants the course to be accessible....   none of that hard stuff about markets or prices.  Also, you're supposed to be teaching finance, not economics.  Oh yeah and lose the French.

Announcer:  Before we rejoin our protagonist in the newly designed Community Outreach French Financial Econ 201, we have a special presentation on the art of consulting.

 

Announcer:  We return you now to the lecture by our protagonist on the very next day in Bud Dworkin's barn. 

Bud:  Hope you don't mind me working on this tractor while you lecture.  I promised the missus I'd drive over to Madrid for the big centennial dance.  Yup.  Who'd a thought that 100 years have passed since Alphonse Manure invented the spreader that bears his

name?

A:    You're celebrating the centennial of the manure spreader?

Bud:  Hell, that's a great invention.  You don't want to spread that stuff by hand, do you? ........ 'Course I kinda liked throwing it at my brothers.

A:  Well I guess I'd better get started.  I'm supposed to lecture in an hour in Cambridge to the Culpepper twins.

Bud:  Really?  I didn't know Darryl and his brother Darryl were interested in economics.

A:  They aren't.  They just wanted to get half-price student tickets to the football games and the analysis of road kill course was booked.....  Now where was I.  Oh yes.  (goes into

Inspector Clouseau accent again)  The gains from portfolio diversification..

Bud:  Oh, skip that stuff.  I just want to know what stocks to buy so I can retire in a year. 

A:  Ask Warren Madden.

Rambo:  (enters wearing fatigues and carrying a gun)  Ahem.. Excuse me.

A:  Who are you?

Rambo:  Your worst nightmare.  The name is Rambo.  Regent Rambo of the Regent's Strategic Plan.

A:  Pleased to meet you. I'm in the middle of class.  Can you talk to me later? 

Rambo:  No. This won't wait.  I'm here to make this University great and there is no time like the present to begin.  Now what are you teaching.

A:  I'm teaching finance.

Rambo:  Not any more.  Needless duplication with the University of Iowa.  Finance will be eliminated.

A:  Well, then I'm teaching French.

Rambo:  Not any more. Needless duplication with the University of Iowa.  French will be eliminated.

A:  Well, I used to teach economics.

Rambo:  Economics hmmmmmm.  (Checks paper)  Would that be agricultural economics?

A:  Well uh sure.

Rambo:    Nope. Not on the schedule of removal. You are free to go.

Bud:  Hey what about me?  I was having my course.

Rambo:  Well I have some bad news for you.  We have determined that you represent needless duplication of a hog confinement operation near Sheldahl and so you will be discontinued.  Furthermore, Slater is a needless duplication of Maxwell and so

we will close it down.  As for the Culpepper twins, Darryl's history.  There is some good news though.  The manure spreader celebration is unique and will be allowed to continue as scheduled.

Bud:  Hot diggity.  Wait til I tell the missus.

Announcer :  The preceding has been a dramatic portrayal.  All similarities to actual events or to people living or dead is pure coincidence.  We will stand by this fabrication in court.  We will now close with a hymn of redemption.  A song which has inspired generations of the poor and downtrodden to rise up and fight for their true destiny. A song which will forever be known as Song Number 2.      Ü

 

Song Number Two

A weem o way a weem o way

A weem o way a weem o way

A weem o way a weem o way

A weem o way a weem o way

 

In the jungle, the concrete jungle

The Regents sleep tonight

In the morning, you read the paper

And find your butt is fried.

 

Sleep my darling. Don't weap my darling

The Regents sleep tonight.

In the morning the Business College

Has faded out of sight.

 

In the city, the peaceful city

The Regent's sleep tonight.

In the morning "This Space for Rent" signs

Are sprouting left and right.

 

 

G:   The trick behind successful consulting is to figure out what answer the client wants before they ask the question. To illustrate the technique we have invited  Carnac Consultant to the stars to demonstrate his fabulous methods.  Carnac will answer my questions before I ask them.  The questions are sealed inside an envelope so that Carnac cannot see the questions.

Carnac:  I do this all the time. The answer to the first question is:   The Iowa Lottery's Pick Six Game

G:   What does a graduate student call a diversified portfolio.

Carnac:  Minimum Wage

G:   What is the a student's opportunity cost of attending graduate school.

Carnac:  Biodegradable Plastic Bags.

G:   What has the State Legislature mandated as a way to increase corn sales and promote safe sex.

Carnac:   The pursuit of higher education.

G:   Why would a graduate student take drugs.

Carnac:  The horse track, the dog track, and the micro qualifying exam.

G:  Name three places where graduate students think they can beat the odds.

 

 Announcer:  Please remember that Carnac is a professional.  Please don't try this at home unless you have been properly sedated.  We now go to our second public service feature:  An analysis of why people come to Iowa State to study economics.  The Graduate Studies Office recently surveyed graduate students as to why they decided to study economics at Iowa State.  Here now are the student's   Top ten reasons for getting a Doctorate in Economics at Iowa State

10)  I thought I would learn CPR

9)  I thought it said Ohio State

8)  It is one of the top 20 Harvards of the midwest

7)  I wanted to learn strategic planning

6)  I read Cosmopolitan

5)  Only seven more years past the M.S. and then it is only six more years to retirement.

4)  I didn't get into the M.B.A. program

3)  Because of the programs in comparative systems, history of thought and mathematical economics

2)  I wanted a school with no distractions

1) Because the faculty skits are so damn good