Tuesday, August 30, 2011

Money Wisdom #17

The king once summoned Nasruddin to court.

"Tell me," said the king, "you are a mystic, a philosopher, a man of unconventional understandings. I have become interested in the issue of value. It's an interesting philosophical question. How does one establish the true worth of a person or an object. If I were to ask you to estimate my value, what would you say?"

"Oh, " Nasruddin said, "I'd say about two hundred dinars."

The emperor was flabbergasted. "What?! But this belt I'm wearing is worth two hundred dinars!"

"I know," said Nasruddin. "Actually I was taking the value of the belt into consideration."

A Medieval Turkish Story quoted in
David Graeber  Debt  The First 5000 Years (2011) p273