A parable: There was once an esteeemd professor of economics at a major university who had a reputation for being a very harsh grader. One semester he had a student, who we will call Ian. Ian was a very good student, worked very hard, and was very bright. All semester he received the best grades in the class, indeed the best the professor had ever awarded in his 40 years of teaching. Other students struggled, most earning C's and with a few earning D's and even F's. The last exam covered alternatives to capitalism, but unfortunately, Ian did not correctly answer two questions on socialism. Receiving his test score, Ian went to the professor to discuss the same and told the professor that he did not understand socialism as well as he did the rest of the class materials. The professor said, "Ian, you still did the best in the class by far. I am impressed by your hard work, and you should not be concerned." The course soon ended and final grades were posted. Ian looked at the final grades and was shocked to note that everyone received a C, including himself and the students who had been failing. He immediately went back to the professor and complained. "It's not fair," he said, "I worked hard, they did not. I earned an A as I was by far the best student." The professor responded by explaining that what he had done was to average everyone's score so that no one would fail. "But that's not fair to me!" said Ian. "Perhaps not, said the professor, but now you understand socialism."