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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Don Lloyd who wrote (1625)	1/11/2001 12:15:23 PM
From: Ilaine	Read Replies (1) \| Respond to of 59480

>>I suspect that any economics you learn before the age of 45 will be wrong anyway.<< Why?

To: Don Lloyd who wrote (1625)	1/12/2001 4:25:54 AM
From: bela_ghoulashi	Read Replies (1) \| Respond to of 59480

Actually, bland took macroeconomics in graduate school during the first year of Reagan's presidency. The text was quite even-handed and balanced, and a special supplement focused extensively on the supply-side theory and its proponents (Laffer, Wanisky, Kemp, etc.). Until that time (his twenty-third year) bland was as liberal as you could get. It was that class, more than any other, that showed him how naive and unrealistic his previous ideas had been. Had he been introduced to the subject earlier in his education, he certainly would have benefited from it...provided that arguments from both sides were presented. Basic economics should be taught in high school, there is far more to be gained than lost by doing so.