We finished reading and discussing chapter 3. There was much discussion about political decisions regarding financial matters, and the government’s ability to create money out of thin air and to limitlessly increase debt or deficit spending.
As I did not have copies of chpater 4 with me, I provided copies of a non-fiction book for children about the division of labour. It is based on a famous essay by Leonard Read called “I, Pencil”. The original essay is available online at the Foundation for Economic Education (FEE) here: http://bit.ly/2k1Yvo3
Our March session will be held on March 8th. We will read the story about the MIraculous Pencil, then continue with chapter 4 (I will bring copies).