Maximizing individuals Factors the trade-off- Hope & Fear I must live with what I have I must spend my time Living inside the line … ALL I HAVE Planting time is upon us now; There’s choices to be made A man can’t be too reckless nor, then again, too afraid Now we face the fear And the hope for the coming year The line that divides my hopes From what I will ever touch The line between what is and what is too much There’s not enough of anything for everything I want I wish I had more but I can’t Break your back from five to nine There’s no escape You will live inside the line The life we live is harsh and hard The truth is no complaint Those who will not look ahead They are the fools and saints And heaven knows, I am neither of those All I have are two strong hands This plow and this bit of land But these I will use And do the best I can Across the land a famine creeps. Next year could be our turn Foolish hope and deadly fear is the balance that we must learn So we can survive Until the harvest arrives CHORUS THE PPF THERE’S A LINE (D/Dm) There is no end to what I desire No ends to which I won’t aspire But I’m faced with the facts Inside the line is the best that this tired Earth can give Outside the line is the life I feel I ought to live Like it or not, that’s how life is More of that and less of this It’s one of life’s basic facts More of this means less of that A simple part of life’s design You will yearn for more but you will live inside the line Heartache, confusion wait for those who won’t resign For those who refuse to learn to live inside the line Inside the line There’s a line And you will live inside the line 1 PART II (D) Take what you will, pick and choose For everything you get, there’s something you loose Have what you will, pay the cost Measure the price by what you’ve lost For every road that is taken Another path forsaken You have no choice; you have to choose And for anything you gain there’s something you lose Nothing for nothing that’s the law of life Everything is bought with a sacrifice Like it or not you’ve got to decide Life is a journey but it’s no free ride Everything I see, seems to say You want to eat -- you’ve got to pay Allocation ONE POTATO (D) One potato, two potato, three potato, four Mother, make a pile, stack it up behind the door Just enough to keep us alive ‘til the next crop’s in Then of the rest we will have to decide What goes in the ground And what we hold and hide One potato, two potato, three potato, four Just enough live on though we cry for more Walking on the margin -- living on the edge One wrong step and we’re stepping off a ledge Would that I knew what lies in store And how to arrange these One potato, two potato, three potato, four I will plant in the hope that the future will be better I will save for I fear it will be worse. I want to get ahead, but I dare not fall behind Plant too many, plant too few Wrong either way if you do We do the dance with fear We do a dance with hope In the coming year Will be we hang on or hang from the end of our rope We rise in hope and we sleep in fear Will we somehow cope? And reap our crops when the coming harvest is here One potato, two potato, three potato, four My future on my floor But if this year is worse than the year before We may play one potato, two potato, three potato No more 2 Tradition and Command JUST THE WAY IT IS All through my life it has been pretty clear How I would live and behave By twenty I would have two kids and a wife And by fifty I’d be carried to my grave I have planted my crops as my father’s father did And the church that is mine once was his If there’s a better way I am sure that I can’t say That’s just the way that it is And should I forgot about my duty The constable reminds me, yes he will Half my crop right off the top Goes to his Lordship on the hill And another ten percent Every Sunday is sent Into the Church’s till And I’ve had little reason to wonder Is there a better way than this? Right or wrong, When the weak meet the strong That’s just the way that it is Oh, they took this land from our family Generations ago At the point of a sword It was given to the lord By what right I don’t know As if this was as it had always been What was ours now was his Right or wrong, When the weak meet the strong That’s just the way that it is But at least I could guess what tomorrow was bringing And not be too far amiss Pretty much the same, As yesterday Oh, that’s just the way that it is Markets are now the only choice WHAT NOW What do I do now? When I can no longer do The only thing I’ve ever done Where do I go now? When the only place I know Will not longer provide What can I be now? When I can no longer be The only thing that I’ve ever been What to do, Where to turn Questions I have never asked Answers I have never learned But I must make my way somehow Nothing that I used to know Guides me anymore What do I do now? 3 Resources follow money -- the market arrives IF THEY NEED ME When it’s hard, Lord it’s hard What’s a hard-working man supposed to do? You’ve got to find somebody who needs somebody who can do the things you do Cause if they need me they will pay me And if they pay me I will go - o - o. I will go where the money is Where I can make a living I will do what I must I will do what I can I will put my trust in money in the hand If they need me they will pay me And if they pay me I will go. But I hear that Dublin City is no place to be People crowd in from the country Once honest farmers are now beggars and thieves When a man gets too hungry he forgets what he believes What should I do? Anything they pay me to Where should I go Where there’s cash to show Somewhere they need me Somewhere they will pay me That’s somewhere I will go IRELAND/ AMERICA Ireland I fear There’s nothing for me here The truth is hard, but it’s clear We will not last another year Only a fool would try to stay I cannot simply lay me down and disappear This is my only chance I must leave you now Oh, Ireland I fear Ireland I fear There’s nothing for me here The truth is hard, but it’s clear I must leave you now Oh, Ireland I fear America, I hope you’ll take me in I’ve heard good things about you I’m looking for my new life to begin I can’t do it without you They say you fought the king himself, to set your people free If you did for them Won’t you do it for me? America I hope you’ll smile on me Let me do what I can Tell me what you need for me to be I’m a hard-working man 4 America I’ve told You got streets lined with gold You don’t have to promise me that But if I give you everything Would you give me something back? America, I hope you’ll take me in I’ve heard good things about you I’m looking for my new life to begin I have no reason to doubt you America I’m headed for you I hope you’re ready for me BETTER DEAD IN IRELAND So this is what I came for. My wife and children dead along the way And I find myself another kind of serf In a New York City slum Maybe I was better a dead man in Ireland Than what I have become I have taken money Done what I was paid to do Honest work when I could But I have done things No Christian man ever should For the sins that I have seen Heaven may strike me blind and dumb Surely I was better off a dead man in Ireland Than what I have become I should have stayed And filled an Irish grave God, I wish I’d never come Surely I was better off a dead man in Ireland Than what I have become Civil War and Inflation MY LAST CIGAR (little green pieces of paper) I spent my time in the Grey-man’s army Now I’m working on the docks There’s money here a-plenty I get the grandest wages I ever earned But it’s what you can buy, not the name on the money that measures what you’ve made And every day, my daily pay Buys less than the day before And the money in my pocket starts to feel Like little green pieces of paper Nothing more Oh these green pieces of paper They seem to grow smaller by the day I know there’s a war But I was fighting for The chance to make a living So they give me a raise But it never pays The prices keep on rising And it still feels surprising To have this much in my pocket And still be so damn poor And the man behind the counter, he shrugs and says 5 “I’m sorry friend, but you should see my costs. They keep on rising every day I’ve got to pass them on Or I’d be lost: You’re not the only one Holding little green pieces of paper And watching them burn out like a spark Making more, getting less. A fast dying, flickering candle in the dark The whole thing is just an ugly joke We got money; And we’re broke Then I heard the union army a thunder down the road Three miles away, if that far And I saw my once in a lifetime chance; I looked at my friend across the bar And I used my last ten-dollar bill to light my last cigar Land opens up in Dakota for homesteading. We again see resources pulled in the direction dictated by factor payment and the role of the government in the allocation of factors. You’re the sweetest sight I’ve ever seen Prairie arms reach out to me Endless skies as far as I can see Next to the country that holds my heart (I left behind) It’s as close to heaven as I’ve been I’ll off to live alone again. With no one to depend on Just my Alabama woman And our boy In a place where no one can hear me speak No one can look down on me And damn the people I left behind I hope they cheered to watch me leave I’ve tried to be what I can’t be It only brought me shame and misery I am not a city man, I am not a soldier But a man who plants and harvests I have been and I can be again Oh, Dakota country We just met and you already feel like my friend Next to the green hills of Ireland itself You’re the sweetest sight I’ve ever seen You’re as close to heaven as I’ve been DAKOTA Oh, Dakota country We just met and you already feel like my friend Next to the green hills of Ireland itself 6 But economics is not just about money: individuals maximize utility, not profit. COMING HOME American, it’s been thirty years and you have done me well One last gift I ask of you, Let me say farewell A man must follow his heart, Like a plow must follow the rain America you’ve been good to me But you’re not my home and you never will be Some things money can’t buy Ireland, I’m coming home Ireland, though I’ve been gone I did not forget you once You are the light that lit my life In everything I’ve done Now I’ll return; a better man than I was I’m coming home to die where I was born I’m coming to end my life where it began CHORUS 7