5 ms·
Why don't highschools teach every student these two things? 1. The miracle of markets (supply and demand, "the invisible hand," etc.) 2. The weakness of marke
by encroach 10mo ago
Why don't highschools teach every student these two things?
1. The miracle of markets (supply and demand, "the invisible hand," etc.)
2. The weakness of markets (incomplete information, monopoly, etc.)
- HPsquared 10mo agoProbably the same reason they don't teach how rhetoric works.
- analog31 10mo agoThe high school that my kids attended did.
- fwip 10mo agoMine did, because NY requires you to take an economics course.
- AuthAuth 10mo agoWhat can be done to counter balance the weakness of markets? Mainly the incomplete information aspect. It seems like that will always be a huge problem with no solution that I can think of.