Who will educate the economists? Who will instruct the bankers? Factual economic educations would first require the disassembly of the present economic system. I'm sorry but we have already passed the point when home ec will avoid the big crash and the big war. Only the mob can turn the tide for humanity. It's private banking or humane civilization, we don't and can't have both.
With finances taking up so much of the news and many discussions here, I'm wondering if an hour or so a week as part of the school curriculum wouldn't help. It could be a two part thing............the benefits of saving and investing and a warning of all the pitfalls, schemes, shams and scams that people fall for. Schools are beginning to take part in physical well being so it makes sense to me that some time could be devoted to financial well being.
It was mandatory in my day in SK and we were taught household budgeting, basic debit/credit bookeeping along with sewing, cooking, typing, and shop.
I made the most lopsided pair of sweats you've ever seen. One leg longer than the other, the other too tight, *** seem way off centre. They were amazing.