California Kids to Learn Market Economics in Real Life Scenarios
Arnold Schwarzenegger signs into a law a ban on soft drink vending at high schools in California, which I personally applaud. Why? Not because it takes even more of the burden of parenting off of California families…
"Coke, Pepsi and other junk-food marketers enjoy being in schools because they know it is one of the only places they can target kids without parental interference," said Margo Wootan, the [Washington D.C.-based Center for Science in the Public Interest's] nutritional policy director said in a statement.
"But in California, parents have clearly had enough, and leaders of both parties took notice," she said.
…because obviously any place that the parents can't be there to stand over their children's shoulders and make them eat well–i.e. cinemas, malls, restaurants they could go with their friends, etc.–needs to have the government step in as well. Obviously. That's coming, you know it is.
No, I applaud this because right now, very intelligent high school students are tabulating their plans to create a "black market" for candies and soft drinks and figuring out where and when to sell their wares at a huge markup. I hope they use all the best technology to put this together and I hope they make a bundle. Because those who know how to exploit demand should make plenty of coin for their efforts.
Bravo, Arnold, for setting in motion a better economics lesson than your public school system's curricula could provide.
Found via Drudge.
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Forbidding the sale but not the possession of soda. Wasn't that how Prohibition works?