I just asked ChatGPT
« Explain the second theorem of welfare economics in the style of an Emily Dickinson death poem. »
[Spoiler alert: her death poems can be sung to the tune of The Yellow Rose of Texas]
The response:
The Second Theorem lies in wait,
Its logic cold and clear,
It whispers to the market’s fate,
And marks the end so near.
With mathematics sharp as a knife,
It cuts through trade and choice,
Revealing truths about our life,
In market’s still, small voice.
It states that perfect competition,
Is what leads to best result,
For welfare of each citizen,
And market’s every pulse.
Yet still the Theorem’s voice is kind,
For it is but a guide,
To lead us to a better mind,
And market where all thrive.
So heed the Second Theorem’s call,
And let its wisdom lead,
For perfect competition’s all,
That our market needs.
Image Source: Wikipedia.de. Daguerreotype of Emily Dickinson, c. early 1847. It is presently located in Amherst College Archives & Special Collections. Colorized by Economics in the Rear-view Mirror.