HOW
I INTRODUCE THE GOLD RUSH:
I start the class asking students if
they have any scissors. For any student that does, I offer them a couple of
pawbucks (our school currency) for their scissors. Many of them make the
transaction and are excited about the additional money they can spend. The next
thing I do is grab a freeze pop that I had hidden from them. I then take a pair
of scissors (one of the bunch that I have monopolized) and cut the top and
begin to enjoy the treat.
Freeze Pops are great because they are affordable--100 ct. for $3.77 at WalMart! |
Students immediately get excited about
the prospects of finding more freeze pops around the room. But, I tell them
that they must first have the means to make the freeze pop "worth
it", that is, that they must first purchase a pair of scissors before they
can seek the "fortune" they desire. Rather than charge the 2-3
pawbucks that I paid for each of their scissors, I now, having the monopoly,
charge 15 pawbucks for each pair. Once they pay the price, they can have the
scissors and find one freeze pop to enjoy. At the end of the simulation, it's
easy for the kids to see and understand what I have done: I have sought to make
a profit, somewhat ruthlessly perhaps. I also don't hide the fact that I have
gotten "rich" as I wave the pawbucks around enthusiastically or fan a
wad of them.
Once I've given everyone a freeze pop and returned their pawbucks and scissors, I show them the video above of
Sam Brannan. We talk about profits, entrepreneurs, and the California Gold
Rush, and even the San Francisco 49ers (briefly). I share with them the sad
path that Sam Brannan's life took after acquiring such wealth--his expulsion
from the Mormon church, his messy divorce that cost him half of his holdings, the squandering of his fortunes, his poor life choices that caused health
issues, and his lonesome death that went practically unnoticed in southern
California. We talk about success. Was Sam Brannan a success? Even at his
wealthiest? What makes one successful? We talk about decision making. Could Sam Brannan have made other decisions in his life that would have led to a more fulfilling life?
Kids enjoy hearing the tragic story of Sam Brannan. I
love it too. Sure, it's an opportunity for me to talk about entrepreneurship,
determination, and the Gold Rush, but it's also a chance for students to
discuss the negative effects of greed, dishonesty, and self-absorption and to consider the positive impact of generosity, honesty, humility, and other-centeredness.
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