Economics Education

If you are anything like me, you received very little economics education in school. Economics has always seemed like medieval alchemy to me, full of esoteric knowledge and arcana, obviously important for someone to understand –but not required by the average American. Time has taught me that I was wrong. I still have no great desire to be conversant with the jargon of economics. But I now believe that a basic understanding of economic theories should be mandatory for all citizens. Otherwise it is impossible to evaluate the policies of our politicians.