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The Downfall of Keynesian Economics and the U.S. (Part 3 of 3)
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Solution to the 3 Farmer Riddle:
1. Substitute corn for money
2. 100 ears of corn reaps 110 ears of corn
3. Pay back 110 ears of corn
4. Substitute money for corn
5. Disaster averted
The fallacy is that productivity is static
Nov 26 08:17 am
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Solution to the 3 Farmer Riddle:
Nov 26 08:17 am
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All Comments by thebage »The Downfall of Keynesian Economics and the U.S. (Part 3 of 3) [View article]
1. Substitute corn for money
2. 100 ears of corn reaps 110 ears of corn
3. Pay back 110 ears of corn
4. Substitute money for corn
5. Disaster averted
The fallacy is that productivity is static