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Assume a can opener

catchphrase used to mock theorists who base their conclusions on impractical or unlikely assumptions

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Record originEnglish Wikipedia
Text licenseCC BY-SA 4.0
Source revisionJul 24, 2026
Entity authorityQ17013643 ↗
Source-derived summary

"Assume a can opener" is a catchphrase used to mock economists and other theorists who base their conclusions on unjustified or oversimplified assumptions.

The phrase derives from a desert island joke which dates to at least 1970 and possibly originated with British economists. The first book mentioning it is likely Economics as a Science (1970) by Kenneth E. Boulding:

There is a story that has been going around about a physicist, a chemist, and an economist who were stranded on a desert island with no implements and a can of food. The physicist and the chemist each devised an ingenious mechanism for getting the can open; the economist merely said, "Assume we have a can opener"!

The phrase was popularized in a 1981 book and has become sufficiently well known that many writers on economic topics use it as a catchphrase without further explanation.

Examples of usage

The joke and its application to economists were taken up in the 1981 book Paper Money by George Goodman (under the pseudonym "Adam Smith"), wherein he applied the story to the then-tendency of economists to assume that inflation would go away, and mocked the notion that economists are "the high priests of this esoteric mystery." In contrast, he asks "why the economists are always wrong." The phrase "assume a can opener" became "his nagging accusation against the deductive logic and analytical models of economists."

US President Ronald Reagan told the joke to students and faculty at Purdue University on April 9, 1987.

Italian finance minister Tommaso Padoa-Schioppa used the phrase in 2006 to illustrate that "Very often, when economists comment, they assume politics away." It has been used in Australia to describe "a treasurer who has lost all touch with reality" and politicians "assuming away" the problem of getting a global greenhouse gas deal. It was used in India to describe American economic policy toward China.

Editorial summary

“Assume a can opener” enters the record as catchphrase used to mock theorists who base their conclusions on impractical or unlikely assumptions. Crown Archives preserves that source wording while asking what Assume, opener and catchphrase can confirm, complicate or overturn.

Editorial reviewA concise reference frame for defining the subject, testing terminology and identifying the institution closest to the evidence. The current lead gives the account dated anchors—1970, 1981, 1987, 2006—that can be checked directly. The selected authority fields contribute no independent date. Its strongest next move is a source search built around Assume, opener and catchphrase.
Editorial analysis

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“Assume a can opener” is worth following because a concise public description often conceals a longer documentary argument. Here, Assume, opener and catchphrase provides the most credible route into that argument.

Evidence profile

The citation trail is more important than the brevity of the summary: it shows where individual claims can be examined in context. The source revision retrieved here is dated Jul 24, 2026. The linked authority identifier is Q17013643. None of the 0 selected statements returned an explicit reference. The first chronological checks are 1970, 1981, 1987 and 2006.

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Source & attribution

This entry incorporates text from “Assume a can opener” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.