Freeman

ARTICLE

Fiscal Stimulant

AUGUST 01, 1962 by H.P.B. JENKINS

Economist, Fayetteville, Arkansas

When fireflies came out to dance
and stars began to blink,
Old Kaspar shook his piggy bank
And settled down to think,
While Peterkin and Wilhelmine
Looked at the metaphoric screen.

They saw some men who went along
A residential street
And scattered dollars in the air
Like peasants sowing wheat,
While people ran from all around
To pick the dollars from the ground.

And as the sowers moved ahead,
The crowds got bigger yet,
As rumor spread the word around
Of dollars there to get,
And many workers left their jobs
To join the dollar-picking mobs.

"Now tell us what it’s all about!"
The little children cried.
"It’s called a Fiscal Stimulant,"
Old Kaspar soon replied.
"It shakes us out of sloth or slump
And makes the business index jump."

"For curing slumps," said Kaspar then,
"The Planners all agree
There’s nothing in this world to match
A dollar-spending spree.
It drives the wolf from every door
And makes demand for products soar."

"It seems a very clever plan,"
Breathed little Wilhelmine.
"One imperfection," Kaspar sighed,
"May not have been foreseen.
The folks in dollar-picking mobs
Soon lose their zeal for finding jobs."

ASSOCIATED ISSUE

August 1962

comments powered by Disqus

EMAIL UPDATES

* indicates required
Sign me up for...

CURRENT ISSUE

September 2014

For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION