Brian,
It's not very good form to hijack someone else's post for your own
alternative purposes.
My post was on the misery index and you interloped with a question that you
could have solved silently by visiting the archives.
As it happens I did see you post: it got through.
Duncan Williamson
-----Original Message-----
From: Economics, business, and related subjects
[mailto:[log in to unmask]] On Behalf Of Dave Sowden
Sent: 24 January 2006 11:28
To: [log in to unmask]
Subject: Re: The misery index
Brian asked
Can anyone please confirm whether my posting asking for help with magic
tricks available to spice up economics lectures ever got posted ?
Kind regards
Bran Kettell
I didn't see it Brian.
If, perchance, you mean literal magic, how about this.
I place a $50 note in my pocket and ask my 2nd year A level economics
students how the note can be turned into non-money without anyone, including
me, touching it. The answer usually emerges that I can go to Changi airport
and get on a plane to Heathrow, All the while the note remains undisturbed
but is, of course, not money in London.
More monetary magic involves making money out of thin air. Having made such
a promise I actually write an IOU thus simultaneously creating an asset and
a liabilty and hence money. I then point out that banks do this every day
with nothing more tangible than a few stroked on a computer keyboard.
Dave Sowden
Raffles Junior College
Singapore
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