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by brittb on November 18th, 2008

Running out of Sugar in a Beet Field

I have a default action when I run into the absurdity of grand potential limited by unimaginative capital. I haul out my tattered copy of Tom Robbins’ Skinny Legs and All and re-read the best single paragraph ever written on economics:

During periods of so-called economic depression, societies suffer for want of all manner of essential goods, yet investigation almost invariably discloses that there are plenty of goods available. Plenty of coal in the ground, corn in the fields, wool on the sheep. What is missing is not materials but an abstract unit of measurement called ‘money.’ It is akin to a starving woman with a sweet tooth lamenting that she can’t bake a cake because she doesn’t have any ounces. She has butter, flour, eggs, milk, and sugar, she just doesn’t have any ounces, any pinches, any pints.(Skinny Legs and All, 1990)

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