Economist Frédéric Bastiat published a parodic open letter to French parliament in 1845 that imagined the national lighting industry lobbying for a law to black out all windows in response to the “ruinous competition” of the sun, which was “flooding the domestic market.” “Be logical,” the letter concludes, “for as long as you ban, as you do, foreign coal, iron, wheat, and textiles, in proportion as their price approaches zero, how inconsistent it would be to admit the light of the sun, whose price is zero all day long!”
Miscellany
A growing market for ejiao—a gelatin made from donkey hide believed by practitioners of traditional Chinese medicine to increase libido and slow aging—has led to a global trade of millions of donkey skins each year. Asses are often kidnapped from rural African villages, where their labor is valued highly, then taken to markets and slaughtered for export. “The donkeys,” said a sanctuary manager while visiting a market in Tanzania, “are very stressed.”
For Kid Nation, a reality show that aired in 2007, forty children went to stay in a New Mexico ghost town for forty days. They lived as laborers, cooks, merchants, or an upper class; many worked fourteen-hour days to earn buffalo nickels to spend on root beer. In the final episode, some participants raided the dry goods store. “It’s free,” said one kid, his mouth stuffed with gummy bears. Another raider was heard announcing, “There is a god.”
Corporations, wrote Edward Coke in a 1613 legal decision, “have no souls,” for they are “invisible, immortal, and resteth only in intendment and consideration of the law.” A corporate body, Coke argued, can’t “do fealty, for an invisible body cannot be in person, nor can swear.”
One of the most extensive surviving archives of Old Babylonian writing consists of letters sent to Ea-nasir, an eighteenth-century-bc copper merchant from Ur. “You have offered bad ingots to my messenger,” complained one trading partner. “Who am I that you are treating me in this manner?” Another customer appears repeatedly in the archive, each time inquiring about a missing copper shipment. “Do you not know,” he wrote in his third missive, “how tired I am?”