“You have been appointed as the new Minister of Economic Affairs for the (entirely fictitious) newly-formed cabinet of t

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answerhappygod
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“You have been appointed as the new Minister of Economic Affairs for the (entirely fictitious) newly-formed cabinet of t

Post by answerhappygod »

“You have been appointed as the new Minister of Economic Affairs
for the (entirely fictitious) newly-formed cabinet of the Kingdom
of Congo. (The country’s location is the westernmost part of the
current Democratic Republic of Congo, near the Gabon border, where
separatist tension has occasionally flared up since independence
from Belgium.)
The would-be king is not knowledgeable about the modern science
of economics and quite confident he can do without, whereas you are
concerned this might scupper the state in its very infancy and lead
it to economic failure.
In an open letter, explain to His Majesty:
Economics is the study of scarcity and
allocation of resources for production of goods and
services
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