An economist explains her ideas for teaching kids how to be responsible

Look at this great editorial from Fox News.

There are 7 rules in the article.

This one is obvious:

Rule 2: Economic Incentives — Offer Plenty of Jobs

Teach kids chores at an early age and pay them reasonable rates. For us, the seemingly endless loads of dishes — about three every day — became the main chore. Even small children can handle dishwasher take-out loads, at least if you first remove the sharp knives and use plastic glasses. And to them, it is a new learning experience.

Not tall enough? Just have a sturdy stepping stool and allow them to climb up on the counter to reach most shelves. If they still cannot reach safely, let them stack dishes neatly on the counter.

Seasonal outdoor job have included weeding (a great chore for anyone old enough to enjoy digging with a plastic shovel.) Explain why the root of the dandelion and plantain weed has to be dug up. Ten cents can be reasonable per weed, with extra bonus for big roots. Soon enough they learn not just biology but counting, too, as they see how much more they need in order to afford that toy at the store.

If you live near a town center, older children can be offered work running errands — buying a few items at the corner grocery store, picking up the Chinese food or taking a package to the post office.

But some are controversial:

Rule 5: Respect for Property Rights

The family provides basic family games that anybody can use — chess, Monopoly etc. Beyond that, games and toys are viewed as a luxury and can be accumulated by saving up and buying them or maybe receiving them as gifts one day. However, there naturally arises an asymmetry where the older ones possess much more than the younger ones.

Should the oldest be obligated to share with multiple little siblings, or should the younger ones have to wait until they have saved up to buy their own? Some people might argue that, out of fairness, the older child should share his ample possessions. But if he had to work hard, doing dishwasher loads etc. to buy himself the games, is it really so fair that his siblings would share in the fruits of his labor?

The solution? The budding entrepreneurs figured this one out by themselves: a fee for rental.

Parental monitoring might needed if siblings are a bit too young to understand exactly how much they are charged. The fee can be translated into something easy to comprehend, such as the equivalent of dishwasher loads or weeds pulled.

Actually, there are even more benefits to allowing the pay-to-play setup. Expecting a possible rental market with younger siblings, older ones figured they could recoup some of the purchase price for a new game, possibly even making a profit. That made them consider the tastes of their siblings — i.e. potential customers — when considering investing in new games.

And it went even beyond than that in creativity. Our oldest son even conjured up elaborate board games of his very own, with his younger siblings liking them enough to pay to play.

Property rights also mean you are free to sell off a game or toy to a sibling, as long as the buyer fully understands the consequences of the deal.

It made me feel a lot better about all my weird ideas about parenting. I can see how these rules would work to make children more responsible, but are they just too strict? It reminds me of the tiger mother article – about how Amy Chua parents her kids. I agreed with tiger mother, but I was in the minority of readers of this blog, if I recall correctly. Of course, her kids are all great successes now. Hmmmn.

 

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