The Sheepherders Case

443 Words2 Pages
Carlos Hernandez The Sheepherders Case Who is better off financially depends on making a number of assumptions: First, sheep are the base unit of value for all items in this society. In order to do a comparison, you must assume that there is parity between the sheep owned by the two sheepherders. That the sheep are all the same breed, relative size and quality, otherwise it is not possible to determine value positions relative to each other. Second, you must assume that the quality and value of the land each man owns is relatively equal for each. We know from the narrative that there has been appreciation in the value of the land over the past 10 years, and that one sheepherder inherited his land, but those factors are in the past and, from the information we are given, I think they do not have an impact on the current value of the land. I have converted the value of all assets mentioned in the narrative into sheep. One good acre of land is worth four sheep (I calculated one bad acre of land as being worth a half, or two sheep). Three goats equal one sheep. For the value of other stated items (carts, plows, oxen, etc.) I am assuming the men can sell those items for the amount they state they paid for them. For example, Deyonne’s ox is worth 5 sheep, but Batonne’s ox is only worth 3 sheep. Finally, with regards to income, I am not assuming in my calculations that the revenue from Batonne’s wife’s future earnings is already earned. It is mentioned that 35 of the sheep Deyonne cares for belong to someone else, so I have taken those sheep out of his total assets. Though it is possible he is receiving something in exchange for caring for the sheep, the terms are not outlined in the case. I originally planned to research the current market price of sheep, goats, agricultural land, etc., but realized that all I needed for the comparison was the base unit of
Open Document