BrianGarst.com

There’s no doubt that the general failure of the public to understand basic economic principles affects how they evaluate politicians and their policy proposals.  Economics is barely even taught in public schools. For those of us on the right, this is particularly frustrating when most of those who are economically illiterate tend to fall for the utopian promises of big government “progressives.”

This study on economic enlightenment provides some particularly interesting results regarding the relationship between economic knowledge and ideology.  Basically, the further to the left a person is, the less they know about economics. This probably has to do with the simple fact that leftwing policies deny basic economic realities, leaving only the economically illiterate as possible supporters of those policies.

economic theory