To understand economics you must start with the idea that you can’t understand it. It’s too complicated, that’s what’s so simple about it.

Throughout history any civilization that rewards non-production and penalizes production ends up with no production from any. This has been the downfall of every great nation that has ever existed, including our own.

Read the following and pass it along to everyone you know.

– daniel w. jacobs



An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, “OK, we will have an experiment in this class on Socialism.” “All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an ‘A’.”

After the first test, the grades were averaged and everyone got a ‘B’. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a ‘D’! No one was happy. When the 3rd test rolled around, the average was an ‘F’.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.

Author is unknown but the message should not be.

Pass it on.

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