On the day you turn three on your third birthday something extraordinary happens.

It might have even happened to you. People come over to your house. Some of them might even be strangers to you. They come over to your

house and they bring you gifts. Gifts that are yours, gifts that just arrived. They belong to you, not someone else, they're yours.

Hey, it's Seth, and this is from our sponsor. If you want to learn.

We'll be back in a second after this message from our sponsor.

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One of the basic laws of mechanical physics is that it's really hard to have two things in the same place at the same time.

And one of the laws of capitalism and private property is that things are owned by one person at a time.

And what we learn when we're two or three or four is that if someone else has a toy and you want the toy, you can't have the toy just by taking it.

That there are a complicated set of rules about how a toy comes to be in your possession and what it means to have something in your possession.

To work that out, we have come up with a whole bunch of training devices, One of them, for example, board games.

Board games and you remember them probably as one of your earliest memories, the stupid ones

like shoots and ladders in Candyland, working all the way up to ones that involve strategy, diplomacy, and bluffing, generally involve private property, trading, and winning. Some people win by

accumulating more of something, whether it's points or stuff, and other people lose.

Then we send you to school where we start to grade you, rank you,

put you into boxes, where we create an industrial system around winners and losers. We have class rank and the honor

role. We have people who make the cut for the football team because not everyone

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