The recent Chandra image of the Crab nebula shows a striking, axisymmetric
polar jet. It is shown that jets are formed in axisymmetric, magnetized pul
sar winds and that the jet luminosity scales relative to the total as (y(0)
sigma (eq))(-4/3), where sigma (eq) is the ratio of Poynting flux to parti
cle kinetic energy output at the equator at the base of the flow and y(0) i
s the initial Lorentz factor of the flow. The results are applied to the im
age of the Crab nebula, and the limit is set for the Crab pulsar of sigma (
eq) less than or equal to 10(2). It is argued that conventional pulsar theo
ry needs to be reexamined in light of these limits.