Said a husband: "The Lord will not bless me,
Dear wife, with descendants, unless we
Make a deal with a neighbor
The fruit of his labor
To compensate with a success fee."
Many offers came in by the bunch,
And a contract was drawn up at once,
But later said Eve:
"I cannot conceive
Why it hasn't worked out in six months."
So the laws of supply and demand
May not always function as planned,
For sometimes you need,
For a deal to succeed,
More than just the Invisible Hand.
Via Tyler Cowen's Marginal Revolution blog comes the story of a couple in Stuttgart, Germany who hit upon a commercial solution to the age-old problem of male infertility. To compensate for the husband's shortcomings, they elected to pay a neighbor to impregnate the wife. As with so many forms of economic stimulus however, and despite months of earnest endeavor on the part of the neighbor, the results fell short and there were unintended consequences. You can read the entire story in a surprising source: the July 27, 1978 issue of Jet magazine.
Friday, March 25, 2011
Subscribe to:
Post Comments (Atom)
Popular Posts
-
"Though college, I felt, was a sure thing, As of now, unless gold I'm unearthing, To pay off my loan, I'll have to postpon...
-
"After proofing each check and gratuity, We've determined beyond ambiguity: Your expenses look funny, If none of this money ...
-
I'm buying a Powerball ticket (Or several, or even a thicket), In hopes I may win A billion bucks in The unlikely case that they pic...
-
"I'm afraid," said Bernanke to Geithner, "The debt crisis still has lots of bite in 'er. Though it may cause some...
-
Said a Harvard professor of econ, "That Google's got something unique on: They have cash by the score, Yet still borrow more; T...
-
"In reviewing your earnings per annum, We're less than impressed, and we pan 'em. The bank may have gains, But this letter ...
-
The price of petroleum's slacking With all of that pumping and fracking Maintaining supply At a level so high, While demand, at...
-
Said a strategist, airing his views On central bank rumors and news: "You've booked every gain And best not retain Your bonds...
-
The economy once ago sank From abuses at many a bank, Which Congress attacked In a really big act That went by the name of Dodd-Fran...
-
The US has always depended On a rate of consumption that's splendid, By consumers for whom The means to consume May soon have them over...
A limerick's hard to complete/In the space of a typical tweet/Haiku, it is true/Are simpler to do/But not a remarkable feat. #NYCpoetweet
— Dr. Goose (@DrGooseEcon) April 6, 2012
No comments:
Post a Comment