Sunday, January 10, 2010

Gains From Trade

Ned and Penny may have a future as economists. They have already discovered the benefits of free and voluntary trade!

You see, Penny loves--LOVES--eating meat. (Yesterday she ate an entire bratwurst herself.) Ned, on the other hand, is partial to bread, rice, and beans (especially chickpeas).

Despite their preferences, I always give them about the same mix of stuff at mealtimes. A couple of months ago, this usually led to most of the less-favored food getting tossed to the ground (or walls, or ceiling). Now they've each started putting the stuff they don't want on the other's tray. Penny ends up with almost all the meat; Ned with almost all the carbs. Both eat a lot, and not much ends up on the ground.

I won't go so far as to assume they've reached some explicit quid pro quo arrangement, but it's a win-win-win situation anyway.

Go economics!

4 comments:

Leigh said...

They are so clever! And cute!!!

Donna said...

That is so great! I love it. Wish my boys did something similar - but alas it is either not eating at all or throwing of the food.

Natalie said...

wow, aren't you excited that they love to eat now. seems like we were waiting for this day to come forever!

JRowe said...

The duchess's mama approves of this beautiful example of the gains from trade, and hopes to continue economics lessons soon, especially if Ned and Penny can explain exchange rates (because I forgot it from Econ 4 in college). PS: How funny is it to imagine Penny scarfing down a brat? Did you give her a beer with it too? Mmmm.