Literature
Socialist and Capitalist Grading Systems
Standing before the students in his ECON 101 class, the professor announced, “As this is an economics course, I’d like to conduct an economics experiment. First, I will try to simulate communism with the grading system. All grades will be averaged and everyone will receive the same grade.”
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. The students who studied hard filed a complaint to the dean, but the dean was off fundraising with some prominent alumni, and never got back to them about the complaint, which was pr