How an Economy Grows and Why It Crashes


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how an economy grows

H O W   A N   E C O N O M Y   G R O W S   A N D   W H Y   I T   C R A S H E S
146
As expected, the imported net technology, combined 
with the energizing power of self-interest, caused fi shing 
productivity to soar. Eventually Sinopians saved enough 
to build numerous mega-fi sh catchers of their own (the 
copyright infringement lawsuit brought by the original 
designers went nowhere in the Sinopian courts). They 
implemented a 24-hour fi shing policy, with three shifts 
cranking out fi sh nonstop. A good portion of these fi sh 
were exported to Usonia. 
As fi sh production became more effi cient, workers were 
freed up for other tasks, most notably, manufacturing. Since 
the king’s policy involved the accumulation of Fish Reserve 
Notes, he mandated that most of this new capacity be 
devoted to products that could be exported. 
As canoe load after canoe load of fi sh and goods headed 
across the sea to Usonia, a fl ood of Fish Reserve 
Notes headed in the opposite 
direction.



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