Freeman

ARTICLE

The Transfer Payments Net

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

Economist, Fayetteville, Arkansas

When gusty winds had herded clouds
Across the setting sun,
Old Kaspar turned the fire up
and oiled his rabbit gun,

While Peterkin and Wilhelmine
Warmed up the allegoric screen.

They watched a giant trailer truck
That stood with flashing lights
Amid a snarling traffic jam
And people locked in fights,
Until a thousand folks or more

Went in and out the trailer’s door.                           

"What’s going on inside that door?"
The little children cried.

"They run a Net Computer there,"
Old Kaspar soon replied.

"It shows how much your neighbors give
Toward the wealth on which you live."

"For many years," said Kaspar then,
"A lot of folks have tried

To live on economic wealth
Their neighbors would provide.
They’ve sought to win a life of ease
By voting grants and subsidies."

"What’s made them mad," asked Peterkin,
"And started all the fights?"

"They’re feeling underprivileged
And cheated of their rights.

When that computer shows their net,
Their taxes top the sums they get."

"I think it’s mean," cried Wilhelmine,
"To make those people fight!"
"A few contusions," Kaspar smiled,
"May help them see the light.
When they cool down, they may have learned
That wealth is sweetest when it’s earned."

ASSOCIATED ISSUE

November 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