Carl Barks, professor of economics

[99E]

Yeah,..
And as far as I remember, Barks once said, that wir´th this story he'd told
the truth about socialism - or something like that...

Hug Your Ducks,

99E

"Freedom's Just Another Word For Nothing Left To Loose..."

www.99e.dk

----- Original Message -----
From: <lgiver at postoffice.pacbell.net>
To: <dcml at stp.ling.uu.se>
Sent: Monday, July 29, 2002 10:42 AM
Subject: Carl Barks, professor of economics


>   Still more discussion of money, value, economics, etc.  At the end of
> his seminar, HorizonHse asks "how did we get on this topic?"    Clearly,
> Scrooge is very interested in money, value, and economics, and this
> interest is transmitted to his readers and fans.  Indeed, Carl Barks was
> truly my first professor of economics.  Consider one of the early Donald
> Duck 10-page stories that had Scrooge:  "A Financial Fable"  C&S 126,
> March 1951.   Donald is unhappy with his job working on Scrooge's farm,
> and wishes for a windfall of riches.  But to not be greedy just for
> himself, he wished that everyone could have a million dollars, and then
> no one would have to work.   And that's what happened when a tornado
> emptied Scrooge's 3 cubic acre corn-crib money bin, putting all that
> cash in many other people's hands and back into circulation.    Then
> since many people were instantly rich, they perceived they no longer
> have to work for money and quit their jobs.  With very few people
> working, the economy came to a stand-still, and scarcity followed.  With
> lots of money in circulation, but very few goods (Scrooge's farm was the
> last source of food), a huge inflation followed.  Donald had to spend
> his million dollars to get a few things to eat and beg Uncle Scrooge to
> give him his job back.   I learned all this economic stuff from this
> story and many others by Carl Barks---it certainly wasn't taught in the
> schools.   So I expect this is true for other fans, too--knowledge of
> financial and economic things entered our heads at an early age from
> reading Scrooge stories by Carl Barks.
>
> _______________________________________________
> http://stp.ling.uu.se/mailman/listinfo/dcml