about entrepreneurs
November 15th, 2007
economics, education, entrepreneur
The school district in Boulder, CO stumbled on a creative way to motivate entrepreneurs. This is likely the best economics lesson ever taught in high school. Fortunately, or unfortunately, it falls in the category of “unintended consequences”.
But ya gotta love it!
This blatant lack of respect for authority by those entrepreneurial scofflaws is easily remedied! We have a few options. One, create the CEA (Candy Enforcement Agency) to track down and prosecute those scofflaws. Using the “snitch” strategy is very effective, especially when coupled with a bounty. Or, go with the flow by requiring’ these budding capitalists to get a vendors license, report all income and inventory, and then tax them out of existence. Finally, if either of those options don’t work, we sue. Excess sugar leads to hyper activity which surely is the root cause of the failure of NCLB and those pathetic test scores. The fault, no doubt is with those entrepreneurs selling candy (!) to our kids. Damages, damages, damages. Couple that with the argument that everyone’s health care costs go up as we increase the incidence of obesity (due to candy vendors), and this is a slam dunk case. That will cure this entrepreneurial problem! We know how to do that here in Vermont.