Economic illiteracy

Why isn't there a basic economics requirement in high school -- let alone college? If the concept behind "social studies" is to give students a handle on how the world works, shouldn't there be an economics component? This prompted by ongoing local debate over matters ranging from "living wage" proposals to the newly-opened WalMart, in which too many well-educated people have shown themselves completely unacquainted with how market economies actually work.

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PS Eugene Volokh has prompted an amusing thread on non-HTML HTML tags here .

Posted by David on January 30, 2007 3:33 PM