Should economics become a compulsory course in public school?

White_Unifier

Senate Member
Feb 21, 2017
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Given that everybody votes, including those who do not go on to university, and that how they vote affects them directly, and maybe even more than it does the rich, should everyone received a basic compulsory education in economics?
 

Corduroy

Senate Member
Feb 9, 2011
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No, the academic discipline of economics is just neo-liberalism. There are competing theorists, of course, but any attempt to apply it to the public school system will dumb it down and only result in educating people to support the status quo.
 

White_Unifier

Senate Member
Feb 21, 2017
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No, the academic discipline of economics is just neo-liberalism. There are competing theorists, of course, but any attempt to apply it to the public school system will dumb it down and only result in educating people to support the status quo.

I was thinking of teaching economics as a social science that must adhere to teh scientific method like any other science, not marxism.
 

Hoof Hearted

House Member
Jul 23, 2016
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I got 18 out of 100 on a grade 11 Economics test.

My teacher wrote on my paper in large red ink, "None of this made any sense. What Planet are you from?"

I thought it was funny.This, of course was in 1981. Doubt a teacher would be able to write such a comment like that these days.
 

Corduroy

Senate Member
Feb 9, 2011
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I was thinking of teaching economics as a social science that must adhere to teh scientific method like any other science, not marxism.

A lot of Marxist academics are social scientists, as are neo-liberal economists. Despite the name social science isn't science, nor do they study things that can be understood scientifically.
 

White_Unifier

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Feb 21, 2017
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A lot of Marxist academics are social scientists, as are neo-liberal economists. Despite the name social science isn't science, nor do they study things that can be understood scientifically.

I don't deny that some Marxist economists have made positive contributions to economics just as some others have, but there is a distinction between that and just plain opinion in that those contributions are based on logical analyses or observations.

Social science is not exact, but it still is a science that follows scientific inquiry, and economics is no exception.
 

JamesBondo

House Member
Mar 3, 2012
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I believe that economics taught at a high school level would inevitably become riddled with leftard politics.
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Given that everybody votes, including those who do not go on to university, and that how they vote affects them directly, and maybe even more than it does the rich, should everyone received a basic compulsory education in economics?

If economics was taught in school there would soon be no dippers left.

I got 18 out of 100 on a grade 11 Economics test.

My teacher wrote on my paper in large red ink, "None of this made any sense. What Planet are you from?"

I thought it was funny.This, of course was in 1981. Doubt a teacher would be able to write such a comment like that these days.

It would be interesting to see that exam today and see who is closer, you or the teacher.
 

darkbeaver

the universe is electric
Jan 26, 2006
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Reading righting rithmatic stuff the rest.

do you mean fraud or economics, home economics was popular at one time, you know heat eats shelter and fuel and how and where to secure same on a regular basis long enough to raise viable offspring which might produce wider adaptation of furthering the most efficient distribution of resoures and brains, no we don't do that any more.
 

justlooking

Council Member
May 19, 2017
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Given that everybody votes, including those who do not go on to university, and that how they vote affects them directly, and maybe even more than it does the rich, should everyone received a basic compulsory education in economics?
I was thinking of teaching economics as a social science that must adhere to teh scientific method like any other science, not marxism.

I took Economics in high school, the beginning terminology and concepts were unbelievably boring, and would not help
'spot the liar'. The spot the liar game is easy, just listen for the "Don't worry, we will tax someone else for all your free gibs".


to apply it to the public school system will dumb it down and only result in educating people to support the status quo.

Umm, that's what all public education does these days, in every subject.





I got 18 out of 100 on a grade 11 Economics test.
My teacher wrote on my paper in large red ink, "None of this made any sense. What Planet are you from?"
I thought it was funny.This, of course was in 1981. Doubt a teacher would be able to write such a comment like that these days.

That's impressive, I didn't know it was possible to get such a low mark. I thought writing your name correctly
was worth 20 points at least. :)



Not if it's taught by qualified economists.

Good Lord, no. Most academics can't teach their way out of a wet paper bag.



Social science is not exact, but it still is a science that follows scientific inquiry, and economics is no exception.

What's the motivation for you to suggest basic Economics be taught as a compulsory course in high school ?
 

JLM

Hall of Fame Member
Nov 27, 2008
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Given that everybody votes, including those who do not go on to university, and that how they vote affects them directly, and maybe even more than it does the rich, should everyone received a basic compulsory education in economics?


No, just keep it simple.................save 10% - 20% of what you earn and learn to recognize what are needs and what are wants and don't purchase anything over $50 w/o sleeping on it for a night first. Just knowing those three things will save you a lot of grief and misery.
 

White_Unifier

Senate Member
Feb 21, 2017
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What's the motivation for you to suggest basic Economics be taught as a compulsory course in high school ?

So that our voters can be better informed.

No, just keep it simple.................save 10% - 20% of what you earn and learn to recognize what are needs and what are wants and don't purchase anything over $50 w/o sleeping on it for a night first. Just knowing those three things will save you a lot of grief and misery.

Meanwhile, vote to raise the minimum wage in the belief that that will help you to save more while not understanding a thing about inflation and the fact that you could end up voting yourself out of a job if you're an unskilled worker.
 

justlooking

Council Member
May 19, 2017
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So that our voters can be better informed.

The government doesn't want informed voters, they are dangerous.


Meanwhile, vote to raise the minimum wage in the belief that that will help you to save more while not understanding a thing about inflation and the fact that you could end up voting yourself out of a job if you're an unskilled worker.
OK, I start to understand what you are looking for.

Actually, this..
No, just keep it simple.................save 10% - 20% of what you earn and learn to recognize what are needs and what are wants and don't purchase anything over $50 w/o sleeping on it for a night first. Just knowing those three things will save you a lot of grief and misery.
isn't a bad start for the real basics, along with how to manage credit cards, what the real interest rates on cards are, and how to sit down and get a mortgage. There is a reason that guys like Mulcair redo their mortgages 10 or 11 times, and the rest of us don't.

Then you could move into things like scarcity and elasticity of markets, and government interference in things like the minimum wage.

Mind you, when I was in high school in the 80's, people were clamoring for a course like that.
40 years later, I see not much has changed, except that everyone is now even more pickled in debt.

When you ask yourself why nothing has changed in 40 years, I repeat myself:

The government doesn't want informed voters, they are dangerous.
 

Tecumsehsbones

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Mar 18, 2013
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So that our voters can be better informed.



Meanwhile, vote to raise the minimum wage in the belief that that will help you to save more while not understanding a thing about inflation and the fact that you could end up voting yourself out of a job if you're an unskilled worker.
You think that rises in the minimum wage are always exactly cancelled out by inflation?

OK, that's not even stupid. It's just so counterfactual that it's delusional.