From the pattern:

“Brief overview - the front & back are started with a provisional cast on, knit down, and finished with a seed stitch border. Then the stitches from the provisional cast on are picked up and played with a bit; the shoulders are bound off together, leaving a pile of stitches for the neck to be joined in the round, knit for a bit, and bound off with a little ruffle. Sleeves are knit from the top down with a single lace repeat running down to the cuff.

The name comes from a joke posted on Knittyboard in April 2005.“