Children are economists, it’s time to chat about it! Economics is the study of choices people make to be happy. Kids do this each day when they decide which shirt to wear, which TV show to watch or what to eat for lunch. In making these choices, they are using the economic principles of scarcity, supply, demand, opportunity costs and diminishing returns. Now is the perfect time to chat with your child about economics and prominent economist Dr. Arthur Laffer shows you how to get started. Written for families of elementary-age children, Let's Chat About Economics identifies and illustrates basic economic principles through familiar scenarios. This book provides a framework for adults (parents, grandparents and teachers) to discuss economics with young children and continue these observations and conversations throughout life. Children will recognize economics in action through everyday examples like shopping for groceries, planning a family trip, saving allowance and buying the latest, must-have tech gadget. When children understand the basic economic principles, they have a solid foundation of how the world works and can apply the same reasoning to make choices that serve their goals and unique purpose. Don't waste another minute, start chatting about economics with the children in your life today!
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With love and gratitude to my husband and children - our chats lead to fun adventures! -mb
"Art Laffer and Michelle Balconi masterfully share the importance of economic principles through familiar life experiences and charming illustrations. It's a must read for the young people in your life!" Callista Gingrich, Author of the New York Times best-selling Ellis the Elephant series.
"Let's Chat About Economics blends economic reasoning with relatable situations. It is a great help to parents and teachers who want children and students to learn how to make wise choices and get the most out of life!" Jack Hummel, economics instructor for Cornerstone Schools, Detroit, MI
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