How an Economy Grows and Why It Crashes

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E C O N O M I C   E X P A N S I O N
consume for a while, pool their savings, and dedicate an 
entire week to construction.
Having listened to Baker’s plan, they began to discuss the 
potential risks. As with Able’s fi rst net, there was no guarantee 
that the project would work. Even if it did, the whole 
contraption could fall apart in its fi rst exposure to rough seas. 
But this time it wasn’t just one fi sh they were risking, but 
more than 20! 
However, their demand for more fi sh overpowered their fear 
of losing their savings. 
They moved forward. 
After a supreme effort, the three succeeded in building 
the island’s fi rst mega fi sh catcher. The trap delivered as 
advertised and racked up an average of 20 fi sh per week, with 
no fuss and barely any muss. Outside of some minor repairs 
and maintenance, the trap was almost entirely automated. 
Soon they were swimming in fi sh.
With the savings that quickly piled up due to this latest 
advancement in productivity, 
the three soon built 
another mega fi sh 
catcher. 
Fish became so 
abundant that 
they were able 
to dedicate all 
their time to 
other projects.   

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