Hey, I like that! Must use it the next time someone tells me that
communism is an impossible utopia and that we'll never reach it because
of human nature, etc!
m
On 30/09/2008 2:29 PM, Sabri Oncu wrote:
CB : Now that's interesting. Are you saying there is an infinite amount
of money in the world ?
No! Because, the number of transactions that took place was finite.
For there is to be infinite amount of money, we need to sit and wait
till eternity.
Here is a joke:
One day one of the king announces a competition open to men. The award
to the winner is marrying the princess, the king's daughter. A
mathematician and an engineer enter the competition. The competition
turns out to be this: the princess will stand at one end of a room and
the competitors will walk to the princess from the other end in such a
way that each step they take will be half of the previous step.
Knowing that it would take infinitely many steps to reach the princes
and he will never reach the princes, the mathematician gives up
immediately. But the engineer starts to walk to the princess. They ask
the engineer: Look, this smart mathematician immediately figured out
that he would never reach the princess and did not even try. Why are
doing this? The engineer replies: In the end, I will get sufficiently
close for all practical purposes.
Luckily, I am both a mathematician and a mechanical engineer.
Best,
Sabri
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Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
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