How Public Schools Teach Economics

“It has long been said that the financial and economic education in the public school system is far from perfect. I, as a current high school student, can vouch for that claim. From promoting crazed statist ideologies to nonsensical Keynesian beliefs, the public school system is

In fact, we were told that the free market is the cause of inequality and that government intervention is the only way to fix it. Of course, we never learned about how perverse incentives, quantitative easing, and a fiat system are the forces that cause artificial inequality. It was for the promotion of the same idea—that government is the only answer—that we never learned about the vast inequality that blossomed after the dissolution of the Bretton Woods system.

It should be clear by now that the state-run schools cannot be trusted with teaching economics.”