Thursday, June 01, 2006

Tarts

So i decided a while ago that the basic unit of economic measurement in Paris to gauge the value of stuff should be the Tart. Now, a Tart gives a pretty standardised amount of utility, and its value is pretty constant across locations and it's easily divisible into things. So an expensive dinner would be, say, 15 tarts, and a dinner at the cheap student canteen would be, say, 1.5 tarts.

"Why don't you just use the Euro?" I hear you say.
Ah, well now. We learnt about this in JC econs, it's all about Purchasing Power Parity, you know. If you start counting in Euros, your frame of reference becomes the general world, because of the great liquidity in converting Euros, to, say, plates of chicken rice. However, since Tarts are generally less portable than Euros, its value becomes localised to Paris.

"Oh. I didn't realise that."
Thought you wouldn't. Glad to point it out.

And as a friend of mine so rightly pointed out today, if Tarts = money, and time = money, then Tarts = time.

Thus, after some quick mental arithmetic, I'd say i have only, oh, about only 7 Tarts left in Paris. =(


Raid the bank!

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