Economics Professor
Once there was an economics professor.
And on the first day of the semester, he would always do the same experiment.
He would hand out free T-shirts to all the students.
But he made sure that not very many would fit.
He would give smalls to big people, and larges to small people.
And as much as he could, he would make the colors, logos, etc. be as unattractive as possible to each student.
Then after handing out the shirts, he would do a poll.
Measurement One
“How happy are you, now, with respect to this t-shirt, on a scale of 1-10.”
Then he would go through and count hands.
One?
Two?
Three?
Etc.
Then he would create a histogram, showing the frequency distribution.
Average was about 5 out of ten, within a normal shaped, or “bell curve” distribution.
Then he would tell the students to get up, walk around, introduce themselves and TRADE.
The t-shirts they had, for the t-shirts they wanted.
It would always start out kind of quiet, most of the kids were shy, etc.
Then it got louder and more animated.
Then, after a while, it would slowly quiet down.
After all the kids had traded shirts and mingled a bit while trading.
Measurement Two
Then he took another poll.
Current happiness level on a scale of one to ten.
Invariably, the “average happiness” would have increased at least three points.
From say a 5 to an 8.
Then he would say something like this:
Now, think about what just happened.
Magic Happiness
The same people are in this room as before.
The same stuff is in this room before.
Nothing was removed, nothing was added.
But the happiness has increased.
This is what economics is.
This is what human nature is.
People trading what they have, for what they want.
And making friends and creating relationships in the process.
Ancient Human Process
This is SO compelling, that people spend their entire lives MAKING STUFF to “sell” or trade for money with others.
This process is so satisfying, this seemingly magical “happiness generator” that people started off long, long ago, with only basic stone tools.
Now look at all the stuff we have!
Every single thing was made because we all have the same deep and ancient instinct.
To make something, build something, do something.
Something that somebody else wants.
To trade with them for what they have.
Money.
And to create MORE happiness in the process.
So long as nobody is cheating, nobody is forced to do anything, every time you MAKE MONEY you INCREASE the happiness of planet Earth.
Get In The Game:
Financial Brilliance
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