Al & Bob - Island of Sanity

Island of Sanity



Economics

Al & Bob


Suppose there were two men, let's call them Al and Bob. Al works hard. He spends his money carefully. He saves and invests. In the long run, this pays off and he lives well. Meanwhile Bob is lazy and irresponsible. He wastes the little money that he has. He never saves but is quick to spend on any passing whim. In the long run, he is poor.

The conservative looks at these two men and asks, "How can we encourage Bob to be more like Al?" The liberal looks at these two men and asks, "How much of Al's wealth should be taken away from him and given to Bob?"

© 2009 by Jay Johansen


Comments

coach outlet Sep 15, 2017

I must express appreciation to this writer for bailing me out of this matter. Because of surfing around throughout the the net and coming across ways which were not powerful, I believed my entire life was well over. Living devoid of the approaches to the issues you have sorted out all through your main article is a serious case, and the kind which could have in a negative way damaged my entire career if I hadn't discovered your web page. Your main training and kindness in dealing with a lot of stuff was invaluable. I don't know what I would have done if I had not come across such a step like this. It's possible to at this point look forward to my future. Thank you so much for your professional and result oriented help. I will not think twice to recommend your web site to anybody who needs to have guidelines about this issue.

fitflops sale clearance Sep 20, 2017

I have to get across my appreciation for your kind-heartedness in support of men who really want guidance on the issue. Your real commitment to getting the message across turned out to be particularly useful and have really allowed guys just like me to achieve their targets. Your amazing warm and helpful guide implies a great deal to me and even more to my fellow workers. Thanks a lot; from each one of us.

michael kors handbags Sep 22, 2017

I wish to show my thanks to the writer just for bailing me out of this type of issue. Right after exploring throughout the online world and finding suggestions which are not beneficial, I was thinking my life was gone. Existing devoid of the approaches to the issues you have sorted out as a result of your main website is a serious case, as well as ones which may have in a negative way affected my career if I hadn't come across the blog. Your main understanding and kindness in controlling all the pieces was invaluable. I'm not sure what I would have done if I had not discovered such a thing like this. I can also at this time look ahead to my future. Thanks a lot so much for your reliable and effective help. I won't be reluctant to refer your web page to any individual who will need support about this area.

Add Comment

Name
E-mail
Comment