Learning economics is a dog walk!

"Well, the walk-to-time ratio was low, so I asked her to pay less", said my teen daughter very casually. She opted for Economics in high school and I was glad to see her apply it in real life even before she left school. Atleast the lingo! 

A fornight back my daughter responded to a SOS call by a neighbour for help. It was to take their old ShihTzu for its night walk. I came to know after a few days that the neighbour decided to give my daughter some pocket money for the service. Although the teen was not keen, she accepted when the neighbour insisted. I believe they settled for ₹75 for every walk night.Cool deal!

It was payday and my daughter informed me that I would be receiving ₹500, in my GooglePay Account, from that neighbour. I was curious as the sum did not add up. When I enquired, she said the amount was for 10 night walks and she asked the neighbour to reduce the money to ₹50. Now, I was even more curious. "That is nice of you my dear, but what made you to ask her to reduce?", I asked her.

"Daddy, when I take Duster (our pet dog) for walk I spend about 25-30 mins. But, Junglee (the ShihTzu) finishes it's business (pee and shit) in less than 10 mins. So, I felt ₹75 was too much for the walk-to-time ratio." I was pleasantly surprised and continued to listen. 

"So, I told aunty to not spend her hard earned money but she insisted. So, I asked her to pay what she thinks right", she said as she disappeared into her room.

I should admit that she is not a happy bunny when it comes to doing maths in her head. But her mind races like an hare when it comes to honesty and ethics. When that feeling drives her decisons then that's foundation laid for ethical economics in her early years.

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