DIGG THIS There was once an island where three people lived. The fisherman lived on the coast, where he caught fish every day. The farmer lived on a flat part of the island and grew wheat. The shepherd lived on the mountain and produced wool from his sheep. For a long time they lived in peace. The fisherman traded his fish for wheat and wool, while the farmer and shepherd traded wheat and wool with each other. One day the farmer decided he was tired of farming. "It's hard work, dawn to dusk," he complained to himself. "There must be … Continue reading The Fisherman, the Farmer, and the Shepherd: An Economic Parable