3 Kinds of Economic Ignorance

“Do You Know What You Don’t Know?

Nothing gets me going more than overt economic ignorance.

Trump and Sanders, and plenty of others, who make claims about economics, but who remain ignorant of basic teachings such as these, should be seen as highly blameworthy for that ignorance. But the deeper failing of many who make such errors is that they are ignorant of their ignorance. Often, they don’t even know that there are agreed-upon results in economics of which they are unaware.”

https://fee.org/articles/3-kinds-of-economic-ignorance/

SEE:

Rothbard on Economic Ignorance

 

A conscientious moralist or churchman would not consider meddling in controversies concerning technological or therapeutical methods without having sufficiently familiarized himself with all the physical, chemical and physiological problems involved. Yet many of them think that ignorance of economics is no bar to handling economic issues. . .Mises

 

Read at least Nehemiah 5 in the below:

Debasement and Crony Capitalism; Nothing is New Under the Sun

 

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