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by wavesquid 1402 days ago
> An economist walks by a twenty dollar bill on the sidewalk but decides not to pick it up, because if it were really there someone would have picked it up already

I think many farmers do what has worked for the last X decades; often copying what their forebears do with small adjustments.

2 comments

You are not a farmer and have a typical ignorant view of what it takes in knowledge and management to farm.

You can't copy/paste in farming to get ahead, or be really likeable but have no actual output or contribution.

that's a joke based on a particular economic theory, by humor the flaws in the theory are indicated, I'm pretty sure every economist walking by 20 bucks on the sidewalk will pick it up.

I don't think farmers have any particular theory that land growing grass cannot grow anything else or their parents would already have done that. So the analogy is really stretched thin.