Modern Money Monopoly

February 6th, 2014
in Op Ed

by Dirk Ehnts, Econoblog101

I have given some space to Alex. Hofmann for his 'more realistic rules' Modern Money Monopoly here. This is the teaser:

All you need is a classic 'Monopoly' board game. Then, you must make some changes to the rules (everything else stays as in original). The rules are only two pages and should work for kids, too.

Follow up:

Players begin with all the property distributed, but no money. Instead of government spending into the four player economy it taxes away every turn, making money more and more scarce. However, players can mortgage their property from the very start and build houses and hotels even when the neighbors disagree: this is capitalism! The following redistribution of income is much more interesting than in the original game, and the deflationary spiral much more fun than ever rising property prices. Also more realistic, in many regions of this world.

I played this with my students and recommend it. Continue here.

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved