My grandfather used to go on all the time about how fascinating America was. His chief fascination was, “all the ways one can make money!” He didn’t just revel in the idea of the bazaar (a thousand shops, Sahib!). No, what got his juices really going was the creativity. He thought that when a guy came up with a particularly unique business idea? His quote: “Now that’s creative!”
(OK, so he didn’t live to see derivatives trading. I wonder what a guy without even a high school education would’ve thought of that kind of “creativity”. (My rule of thumb? If you don’t understand this kind of derivative? You’ve got no business dealing the financial kind.)
But that sub-rant aside, there are a ton of creative ways to make a living. But what my grandfather really meant was not so much the execution as much as coming up with the idea. “He thought it up and figured out how to get people to pay for it!” Right. […]