Colby: "Mom, when I grow up, I want to be the government."
Mom: "You want to work for the government?"
Colby: "No. I want to BE the government, and make all the rules."
Mom: "So, you want to collect the people's money, and then allocate it to roads, schools, parks and stuff?"
Colby: "NO. I want to make all the rules. And take all the money. I don't want to give it back to the people."
Mom: "So, you want to be a tyrant."
Colby: "Yes. I want to be a tyrant."
Colby: "Mom, if I made all the rules, I would make everything free."
Mom: "So, you'll be a communist?"
Colby: "Well, I would just make nothing cost. There would be no money. Everything in the stores would be free."
Mom: "So, how would you make sure that everyone got what they need?"
Colby: "They would just trade for it."
Mom: "Ahhhh. A trade and barter system. What if you had something that someone wanted, but they didn't have something you wanted?"
Colby: "Well, they could give me a little piece of gold then."
Mom: "THAT'S money."
In the course of one car ride, we went through the entire history of commerce, from hunter/gatherer to barter/trade, to gold standard, to paper money worth... well, essentially nothing. MAN, I've got to be up to speed on any subject at a moments notice with these kids.
And it's nice to know that Colby's an aspiring tyrant. Makes a mother proud.
Wednesday, August 10, 2011
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