John Jones's Dollar

Published: 1956
Language: English
Wordcount: 4,995 / 22 pg
Flesch-Kincaid Reading Ease: 66.8
LoC Category: PS
Downloads: 1,412
Added to site: 2008.10.11
mnybks.net#: 22321
Origin: gutenberg.org
Buy new from: Amazon or Barnes & Noble
Find it used: eBay or AbeBooks
Get as AudioBook: Audible or AudioBooks.com
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Take a board with 64 squares on it. Put a grain of wheat on the first square--two on the second--four on the third. Keep doubling in this manner and you will find there isn't enough wheat in the world to fill the sixty-fourth square. It can be the same with compound interest.

Show Excerpt

cial reservoirs together with the components from thousands of other corpses; how these elements are then synthetically combined into food tablets for those of us who are yet alive--thus completing an endless chain from the dead to the living. Naturally then, agriculture and stock-raising ceased, since the food problem, with which man had coped from time immemorial, was solved. The two direct results were, first--that land lost the inflated values it had possessed when it was necessary for tillage, and second--that men were at last given enough leisure to enter the fields of science and art.

"And as to the John Jones Dollar, which now embraced countless industries and vast territory on the earth, it stood, in value:

2621 700 years $912,000,000

"In truth, gentlemen, it now constituted the largest private fortune on the terrestrial globe. And in that year, 2621 A.D., there were thirteen generations yet to come, before John Jones the fortieth would arrive.

"To continue. In the year 27

Reviews

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Average Rating of 1.5 from 2 reviews: **
2013.05.09
Sardo Weems
**...

A rather thin story for compound-interest fans. It is presented as a history lecture to future students. I suppose the main character is the lecturer--he\'s a bit pedantic.

Bank fees make the whole premise impossible.

2012.06.15
Charles
*....

Pedantic little short story is a socialist's wet dream. Skip it.


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