help me with my homework!

Sea Of Thy Soul

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Can you tell me what this story implies? Give me a brief explanation on why the King did what he did.

Title: ECONOMIC KNOWLEDGE IN ONE SENTENCE: TANSTAALF

Once upon a time, Tanstaafl was made a king of all the lands. His first act was to call his economoc advisers and tell them to write up all the economic knowledge the society possessed. After years of work, they presented their monumental effort: 25 volumes, each about 400 pages long. But in the interim, King Tanstaafl had become a very busy man, what with running a kingdom of all the lands and everything. Looking at the lengthy volumes, he told his advisers to summarize their findings in one volumes.

Despondently, the economists returned to their desks, wondering how they could summarize what they'd been so careful to spell out. After many more years of rewriting, they were finally satisfied with their one volume effort, and tried to make an appointment to see the king. Unfortunately, affairs of state had become even more pressing than before, and the king couldn't take the time to see them. Instead, he sent word to them that he couldn't be bothered with the whole volume, and ordered them, under threat of death (for he had become a tyrant), to reduce the work to one sentence.

The economists returned to their desks, shivering in their sandals and pondering the impossible task. Thinking about their fate if they were not successful, they decided to send out for the last meal. Unfortunately, when they were collecting money to pay for the meal, they discovered they were broke. The disgusted delivery man took the last meal back to the cook, and the economists started down the path to the beheading station. On the way, the delivery man's parting words echoed in their ears. They looked at each other and suddenly they realized the truth, "We're saved!" they screamed. "That's it! That's economic knowledge in on sentence!" They wrote the sentence down and presented it to the king, who thereafter, fully understood all economic problems. (He also gave them a good meal.) The sentence?

There Ain't No Such Thing As A Free Lunch - TANSTAAFL

p.s Dont even post if you're just gonna troll.
 
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Wolves

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It's about the Homo Oeconomicus. It's the model of a person that only thinks about himself and his benefit whilst economizing.
The king told them to write it in one sentence, so that they would understand what economy really is. It is lead by the human egoism.
I just got my exam about this back today. Got an A so that should be right.

Hope I could help you.
 
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