‘Higgling, Haggling …’

Posted on by Mark Aldrich

The title is a part of Adam Smith‘s description of the flaws inherent in any system of bartering: Once two parties have actually agreed to negotiate a swap of items or services, which is easier described than accomplished, how long will it take to negotiate value or price? Is my horse worth the same as your horse? Why do you think so? You must be hiding some detail. You must be trying to foist a sickly ill nag on me to ride off with my healthy animal. How dare you …

If one party thinks the other is out to cheat him—even if the other party is not out to cheat—he will over sell with the intent to make a profit. Further, if the other party also thinks he is about to be cheated, both parties will attempt to cheat each other in order to think they are protecting themselves. Hence Smith’s description of barter as “higgling, haggling, swapping, dickering.” The two bartering parties run the risk of spending the entire day in fickle negotiation rather than in work.
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Today in History: Oct. 2

Posted on by Mark Aldrich

The palm at the end of the mind,
Beyond the last thought, rises
In the bronze decor,
 
A gold-feathered bird
Sings in the palm, without human meaning,
Without human feeling, a foreign song.
 
You know then that it is not the reason
That makes us happy or unhappy.
The bird sings. Its feathers shine.
 
The palm stands on the edge of space.
The wind moves slowly in the branches.
The bird’s fire-fangled feathers dangle down.—Wallace Stevens, “Of Mere Being,” Opus Posthumous

Wallace Stevens (above) was born on this date in 1879.
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Graceless and Grateful

Posted on by Mark Aldrich

It was as if every wish I had made in childhood for a hole in the ground to open up and rescue me had been answered in reverse …

* * * *
I bear a scar from the first Valentine’s Day that I had a reason to celebrate as Valentine’s Day, as a part of a couple.

Until my current relationship, my romantic history was a long walk alone in an empty field, punctuated by moments in which I interrupted someone else’s walk, attempted to try a relationship, and discovered that I try people’s patience instead. (All the women I have dated are brilliant and accomplished and I was lucky to get to know them; I was stuck at age 15 for an astonishingly long time, however.)

My love right now, my soul mate, Jen, is quite brilliant and accomplished, and for the first time in my life, four-plus years now, I am an equal partner and have opened myself up to having an equal partner. Not too bad for a 47-year-old 15-year-old.
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