October 26, 2007

Friends With Money

Isaac of ALOTT5MA lays out the scenario of what sounds like a run-of-the-mill "Friends" episode, until he springs this on us:

All of that actually happened, except Ross is Ed Levi, and Joey is Aaron Director, and Rachel is Ronald Coase, and Monica is Milton Friedman, and the handsome gay man is George Stigler, and Chandler is most of the rest of the world’s economists and law professors, and Season 1 is 1953, and Season 3 is 1959-60, and picking up chicks is antitrust law and the pseudo-economic theory on which it is based, and Monica’s friends from cooking school are Robert Bork and Abner Mikva and Henry Manne, and Rachel and Monica’s apartment is the Journal of Law and Economics, and Rachel’s whirlwind romance story is The Federal Communications Commission, and Central Perk is Aaron Director’s house, and the Technique is the idea that in the absence of transaction costs a good will naturally wind up in the hands of its most efficient user, and explaining it all to Chandler is The Problem of Social Cost.

Next week: Joey convinces Phoebe to debunk the Standard Oil myth.

I mean, could that BE any more brilliant?

Posted by Stephen Silver at October 26, 2007 05:01 PM
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