Monday, June 15, 2009

Class Dismissed

Once upon a time ...

An economics professor failed an entire class. The bright eyed students had insisted that Socialism worked - no one would be poor and no one would be rich - a great equalizer for all, and for the Society of Man. The professor countered with an experiment; all grades would be averaged and everyone in the class would receive the same grade. No one would fail, but no one would receive an A either.

After the first test,
the grades were averaged and everyone was given a B. Serious students were upset, and the slackers who studied little were extremely happy with the results. But, as the second test rolled around, the students who hadn't studied much for the first test studied even less, and the ones who studied hard weren't motivated to study hard again! They decided they wanted a free ride too. The second test average was a D. No one was happy. And predictably, when the third test rolled around the average was an F.

Bickering, blame, and name calling resulted in hard feelings and no one would study for anyone else. The entire class failed. The professor told them Socialism would ultimately fail, as the class had, because the reward of success normally goes to those that work harder, and when government takes the reward away; few will try so no one will succeed.

Just something to think about. Or not.

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