[ad_1]
<div _ngcontent-c14 = "" innerhtml = "
Little children in Halloween costumes
Last night we had a good evening with friends. We enjoyed a delicious baked potato dinner with homemade chili garnished with bacon bits and grated cheddar of local origin – the closest target is not so far, after all – and served with a reduction of sour cream. Even the kids, who had gathered in the games room downstairs to exchange Halloween sweets, liked it.
And the trade they did. I listened from time to time and it looked like the scene of the commodity exchange of Stock exchanges. At one point, I heard a price that almost led me to the grocery store to buy sweets so that I could participate in the action.
Children created wealth even though they did not make new candies. How? They were getting sweets that they preferred for sweets that they did not like as much.
My daughter, for example, mentioned that she did not really like candies containing caramel (I was surprised to learn it). This means that Snickers, Twix, Milky Ways and a whole series of other delicious sweets are available.
If trading is not an option, she is simply stuck with lots of candy that she does not want to eat. Through access to a market composed in this case of her brothers and friends, she can trade caramel candies that she does not want against caramel-free candies that she manufactures. She is going better. Its trading partners are better off. There is one important lesson here: by giving candies to those who value the most, children create wealth.
It's a mistake to think that wealth consists of things. Wealth, rather, is what people appreciate. For someone who loves Snickers bars, Snickers bars are a richness. For someone who does not like Snickers bars, they are not wealth, unless they can be exchanged. If they can, the excess Snickers bars become riches because they can be exchanged for something better.
My daughter loves M & Ms and has an excess of Snickers bars. Her friend usually prefers Snickers bars to M & Ms. They are both better off when they exchange: my daughter has more M & M and fewer Snickers bars, and her friend has more Snickers bars and less M & M Mr.
When the market grows, they have more opportunities to improve their well-being. After playing Halloween, my children sat down and started to talk to each other. It's a pretty limited market, however, because they've played together and they've brought about about the same kind of candy harvest. Their friends, however, played in a different neighborhood and had a slightly different assortment of candy. In addition, they came into the trading room with different preferences, which allowed my daughter to have more opportunities to unload an excess of caramel candy to get products that would not be used. she preferred.
If we expand the market further – and I suspect there is a thriving candy market at school – she could even start trying to get snickers and other caramel candies. Why? It's not so many kids who do not like caramel, and I'm pretty sure that someone with a bag filled with Snickers and Twix will be able to find buyers willing to pay for it. " fine prizes at Laffy Taffy and Nerds. Therefore, we could see an enterprising trader who does not like the Snickers bars who buy them in one market with the intention of selling them at a higher price over another.
The candy market after Halloween is a trading company of traders who buy at low prices and sell at high prices. It's a microcosm of what happens when market exchanges work well. Now, if you'll excuse me, I'll see if my kids have Snickers bars for sale.
">
Little children in Halloween costumes
Last night we had a good evening with friends. We enjoyed a delicious baked potato dinner with homemade chili garnished with bacon bits and grated cheddar of local origin – the closest target is not so far, after all – and served with a reduction of sour cream. Even the kids, who had gathered in the games room downstairs to exchange Halloween sweets, liked it.
And the trade they did. I listened from time to time and it looked like the scene of the commodity exchange of Stock exchanges. At one point, I heard a price that almost led me to the grocery store to buy sweets so that I could participate in the action.
Children created wealth even though they did not make new candies. How? They were getting sweets that they preferred for sweets that they did not like as much.
My daughter, for example, mentioned that she did not really like candies containing caramel (I was surprised to learn it). This means that Snickers, Twix, Milky Ways and a whole series of other delicious sweets are available.
If trading is not an option, she is simply stuck with lots of candy that she does not want to eat. Through access to a market composed in this case of her brothers and friends, she can trade caramel candies that she does not want against caramel-free candies that she manufactures. She is going better. Its trading partners are better off. There is one important lesson here: by giving candies to those who value the most, children create wealth.
It's a mistake to think that wealth consists of things. Wealth, rather, is what people appreciate. For someone who loves Snickers bars, Snickers bars are a richness. For someone who does not like Snickers bars, they are not wealth, unless they can be exchanged. If they can, the excess Snickers bars become riches because they can be exchanged for something better.
My daughter loves M & Ms and has an excess of Snickers bars. Her friend usually prefers Snickers bars to M & Ms. They are both better off when they exchange: my daughter has more M & M and fewer Snickers bars, and her friend has more Snickers bars and less M & M Mr.
When the market grows, they have more opportunities to improve their well-being. After playing Halloween, my children sat down and started to talk to each other. It's a pretty limited market, however, because they've played together and they've brought about about the same kind of candy harvest. Their friends, however, played in a different neighborhood and had a slightly different assortment of candy. In addition, they came into the trading room with different preferences, which allowed my daughter to have more opportunities to unload an excess of caramel candy to get products that would not be used. she preferred.
If we expand the market further – and I suspect there is a thriving candy market at school – she could even start trying to get snickers and other caramel candies. Why? It's not so many kids who do not like caramel, and I'm pretty sure that someone with a bag filled with Snickers and Twix will be able to find buyers willing to pay for it. " fine prizes at Laffy Taffy and Nerds. Therefore, we could see an enterprising trader who does not like the Snickers bars who buy them in one market with the intention of selling them at a higher price over another.
The candy market after Halloween is a trading company of traders who buy at low prices and sell at high prices. It's a microcosm of what happens when market exchanges work well. Now, if you'll excuse me, I'll see if my kids have Snickers bars for sale.
