On mar­gin

Finweek English Edition - - PIKER -

You can talk about money with­out ever hav­ing to make any. When you get drunk, you can tell ev­ery­one that you are re­search­ing the law of di­min­ish­ing mar­ginal util­ity. You can’t be wrong; only sub­ject to an un­ex­pected asym­met­ric shock. “How much did you get for them?” I asked ex­cit­edly. “One hun­dred and fifty rand each.” “Who bought them?” “I did!” Be­fore my son could start go­ing on job in­ter­views, he needed to dress the part. That, he de­cided, re­quired a R5 000 suit.

“What!?” I an­swered, gag­ging at the price tag. “I’ve bought cars for R5 000!”

“That’s why I want the R5 000 suit,” he said. “So I don’t have to drive R5 000 cars.”

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.