Archive for the ‘Economics’ Category

Kid Sells Bracelets to Keep Families out of Prostitution

August 20, 2008 5 comments

Where ever I go and tell people what I do, I find someone who knows an entrepreneurial kid. I love to hear these stories. And it happens more often than you’d think. I was in Vegas last week and met a man Kyle whose 9-year-old daughter Raegan is learning all about sales and the basics of economics, and in a really cool way.

She sells bracelets, but not just any bracelet. Her bracelets are made by Filipino families and she

Bracelets from Threads of Hope

Bracelets from Threads of Hope

sends her profits back overseas to those families. The revenue goes a long way in the Philippines and is transforming lives by helping them stay out of prostitution.

Read more about Raegan and the organization that set up the exchange, Threads of Hope, on this blog.

Meanwhile, DO YOU KNOW an entrepreneurial kid?

Storytelling To Teach Complex Concepts

February 16, 2008 Leave a comment

Here’s a very interesting presentation by Robert Frank, author and economist, where he demonstrates how students learn complex concepts much easier through storytelling. His point is made through a series of interesting examples of how he teaches economics to his students. “Tell the message in a familiar context,” he says. At the very end of the presentation, minute 54:00, he speaks about a parent who read bits of Frank’s book to his 11-year son. Every night, the boy would ask for more, demonstrating that a kid can learn more about economics than a college student.

Robert Frank’s book: The Economic Naturalists