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
106
Disgusted, the island’s chief judge weighed in, and pointed 
out that the Constitution gave the Senate no authority to take 
money from one citizen for the sole benefi t of another, nor 
did it have the authority to issue paper notes for fi sh. 
Franky solved that problem by nominating one of his 
political buddies to sit as judge. The more cooperative jurist 
declared the Constitution to be a “living document” whose 
precepts could be actively interpreted by new generations 
confronting issues unforeseen by the founding fi shers. 
At fi rst, the citizens were a little uncomfortable with the new 
Fish Reserve Notes. They were used to paying for things with 
actual fi sh. But after a while the new paper notes caught on. 
Most had to admit that they were easier to carry and the odor 
was a distinct improvement. 
Meanwhile, 
Franky’s advisors 
scoured the 
island looking 
for worthy 
projects to fund 
(maintaining 
unvarnished 
objectivity, of 
course). When 
they found 
a project that 
would be guaranteed to have enough support from potential 
voters, they handed out the new notes to make it happen.



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