"This story is based upon the actual classroom experiences of Thomas J. Shelly, teacher of Economics and History in the Yonkers High School, Yonkers, New York. The American Economic Foundation is happy to present this example of how common sense combats economic fallacies" - from film.

This home movie documents the daily lives and activities of the Cochran family including family vacations and holidays. The film begins with a vacation in Hot Springs, Arkansas, a ride on the Lake Hamilton Sky Ride, a plane ride above Arkansas, swimming in a hotel pool, stopping at scenic points and overlooks, horses, and riding in go-carts (00:00-15:38). The family celebrates Christmas (15:38-17:34) followed by footage of young girls outdoors carrying bouquets of flowers and a horse (17:35-18:56). The family watches a parade which includes a drill team and marching band, floats, and children on horses and bicycles (18:57-20:01). The family celebrates another Christmas (20:01-21:35), plays cards outdoors (21:35-22:28), vacations in an unknown location (22:28-23:09), and rides a motorbike (25:28-26:41).

A scrapbook compiled by the Gordon Knox family containing materials (press releases, newspaper and journal clippings, advertisements, trade notices and other ephemera) about and related to the Princeton Film Center and Gordon Knox film productions. The items contained in the scrapbook were produced between 1941 and 1961.

This film tells the story of Bion Shively, the oldest man to win the Hambletonian Trotting Classic.