howler

That which howls, especially an animal such as a wolf or a howler monkey.

A person hired to howl in mourning at a funeral.

A painfully obvious mistake.

Given what we know about cognitive psychology, utility maximization is a ludicrous concept; equilibrium pretty foolish outside of financial markets; perfect competition a howler for most industries.

I should like to thank Jianmei Piao of the Stanford University Libraries for reading the entire translation and checking it against the Chinese. Jianmei caught some howlers for which I am very grateful.

A hilarious joke.

A bitterly cold day.