A Parable for the modern Economy Imagine only two goods: potatoes and meat only two people: a potato farmer and a cattle rancher What should each produce Why should they trade Harcourt, Inc. items and derived items copyright C 2001 by Harcourt, Inc.Harcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. Imagine . . . only two goods: potatoes and meat only two people: a potato farmer and a cattle rancher What should each produce? Why should they trade? A Parable for the Modern Economy