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Gordon's Economics..

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Gordon's Economics..

A young man named Gordon bought a horse from an old farmer for £100.
The farmer agreed to deliver the horse the next day, but when the farmer drove up he said, 'Sorry son, but I have some bad news... the horse is on my truck, but unfortunately he's dead.'
Gordon replied, 'Well then, just give me my money back.'
The farmer said, 'I can't do that, because I've spent it already.'
Gordon said, 'OK then, we'll just unload the horse anyway.'
The farmer asked, 'What are you going to do with him?'
Gordon answered, 'I'm going to raffle him off.'  To which the farmer exclaimed, 'Surely you can't raffle off a dead horse!'
But Gordon, with a wicked smile on his face said, 'Of course I can, you watch me.  I just won't bother to tell anybody that he's dead.'
A month later the farmer met up with Gordon and asked, 'What happened with that dead horse?'
Gordon said, 'I raffled him off, sold 500 tickets at two pounds a piece, and made a huge, fat profit!!'
Totally amazed, the farmer asked, 'Didn't anyone complain that you had stolen their money because you lied about the horse being dead?'
To which Gordon replied, 'The only guy who found out about the horse being dead was the raffle winner when he came to claim his prize. So I gave him his £2 raffle ticket money back plus an extra £200, which as you know is double the going rate for a horse, so he thought I was a great guy!!'
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Re: Gordon's Economics..

Cool  Excellent parable  Grin
Not young enough to know everything