You-Read-It-Here-First Forum Index You-Read-It-Here-First
A collection of textual novelties
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
If you want to read the articles here, go ahead, just click on a forum and find a thread that interests need to register! If you want to post something... either new or in response to someone here, then click the Register link above. It's free... and it's fun to write your ideas here. You can even create a "blog" by starting a personal thread in the Daily Life Every Thread A Diary section...

Not in this market

Post new topic   Reply to topic    You-Read-It-Here-First Forum Index -> Economic Skirmishes on the Borders of the Status Quo
View previous topic :: View next topic  
Author Message

Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA

PostPosted: Thu Jun 16, 2011 9:28 pm    Post subject: Not in this market Reply with quote

The story of the Talents (Matthew 25:14-30) has always stuck in my craw. To cut a parable even shorter, a guy had 3 slaves. He gave 5 dollars ("talents") to the first, 3 dollars to the second and 1 dollar to the third.

At the end of the day:

1st slave: $10
2nd slave: $6
3rd slave: $1

So much is made about wasting your dollars (talents). While the first two "invested" the last one held on and came back even Steven.

What gnaws at my noggin is what exactly did the first two slaves "invest" in that gave them a 100% return all in the span of one day!? I mean, they're slaves remember...did they suddenly figure out how to trade myrrh with the best of them? There are very few honest ways, pre-electronic era, to double your money in single day. And so, I'm surprised that the master did not become a bit more inquisitive about these fantastic investments.

Even if you buy the story in toto, I have to say, as someone who has tried all sorts of get rich quick schemes, its very rare to find that kind of return even in a year's time...and for it to happen for two different people using two different methods. In my world, the slave with five talents would come back owing 20 to some loan shark and the slave given three talents would come back with half a talent and some expired spices that he couldn't unload. The slave who held on to his dollar would be the winner, having a net gain of zero.
Back to top
View user's profile Send private message Send e-mail
Visit the Instant Postcard Collection @
Looking for postcards of that favorite place? Family origins? Or that perfect vacation, except for the photos?
Researching your dissertation? Serious collector? Just looking for something neat?
You've found the right place to add to your existing collection, or to start a new one.
Site Admin

Joined: 17 Mar 2006
Posts: 712
Location: Oregon

PostPosted: Sun Jul 03, 2011 9:20 am    Post subject: Reply with quote

I followed your link, and I found quite a different story than the one you are puzzling over. It wasn't one day, but the duration of a long voyage. The second slave only got 2 talents, not 3. Also, a "talent" is the equivalent of 20 years of a worker's labor - a fantastically large sum, considering.

Doubling the master's wealth would seem impressive, assuming that the journey lasted less than 10 years - which seems likely. So yes, how to double 100 man-years of minimum wage, $1,2 million? Impressive.

Finally, the 3rd slave might've fared better if he hadn't been so honest, and insulting, in describing the master. Assuming his description is accurate, it is the master who should be kicked out to dark cold night.
Back to top
View user's profile Send private message Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    You-Read-It-Here-First Forum Index -> Economic Skirmishes on the Borders of the Status Quo All times are GMT - 8 Hours
Page 1 of 1

Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Powered by phpBB © 2001, 2005 phpBB Group