Economic illiteracy.

[matgb]

Economics should be taught at a basic level right from age 11. Understanding the ruules of supply, demand, a free market and a free economy are essentials to get on in the modern world. Otherwise?

You get this sort of thing. Still, it killed time while I was eating lunch.

You either believe in a free society with markets, or you want a command/control economy where everything is fair and there's no dynamism or diversity. This little socialist gets it, why can't the 'normals'? Seriously, there are some obtuse people in there. Apparently, touts are killing live music? WTF?

ETA: Link fixed. OK?

Comments

[rhythmaning.livejournal.com]

I don't disagree with you at all; though I think an understanding of basic economics should come before an understanding of industrial relations, since the economics might inform the understanding of industrial relations.

Of course, it could be that I lack a sufficient understanding of industrial relations to support my argument...