
“This is what You Need to Know about Economics”
"The only math we should teach our children is arithmetic."
"But
if we taught them differential equations, they could calculate interest
and make investments! If we taught them probability they'd understand
polls and predictions. If we taught them logic, they wouldn't be fooled
by scams."
"You're making
my point for me. If they understood differential equations, they
wouldn't max out their credit cards. If they understood probability,
they'd never buy lottery tickets. If we taught them logic, they wouldn't
buy products that do nothing. In short: If people understood math, the
economy would tank immediately."
"Holy smokes! I never realized innumeracy was the major driver of economic growth."
"Try to explain to America, is there any other way?"
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