Tuesday, March 13, 2007

ABC's of economics

It only takes a cursory glance at a few public commentaries on the web or in print from the man in the street, the self-styled "policy researchers" and more than a few local public officials to see that their grasp of basic economics is shaky at best.

It's not their fault; blame a school system that gives out 80+ averages to functional illiterates*.

So for all those who want to set the province on fire with their innovative and creative policy initiatives (rubber boot/chocolate factories, aluminum smelters in the woods, fixed link tunnels, water exports etc) I suggest this site: everything you wanted to know about economics in six minutes.

It's six minutes well spent.


*More on that appalling situation to follow.

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