Tuesday, May 12, 2009

A short story on economics

A theorist, a psychiatrist and an economist are teeing off in a round of golf. The game is rather slow as the flight before them takes a long time to finish each hole. After several holes, they begin to grumble:

The theorist: In the name of the Almighty, may their action be met with just punishment for playing so slowly.

The psychiatrist: I wonder who in the right mind will play out each hole at such unenjoyable pace.

The economist: It is costing us too much time.

At the ninth hole, their patience runs out and they approach the sole caddy of the slow flight and request for moving ahead. The caddy duly complies and explains that the two golfers are former firemen and their eyesight was severely damaged during a mission and hence the slow pace.

The theorist: May the Almighty forgive me for I should not have lay curse on them.

THe psychiatrist: Shame on me. As a trained psychiatrist, I should have better controlled my emotion and be more understanding.

The economist: They should have played at night.

Translated from a passage in a Chinese book: "Stories from Economist"