Should Economics Be a College Requirement? Paul Thinks So

Today, Paul talks about how many high schools have wanted to replace basic economics education with personal finance. The problem is that most high schoolers won’t use any personal finance information for a decade, and research shows that their retention of the information is low. Listen along as Paul explains why the foundational concepts of capitalism create a world where personal wealth is up and so is quality of life, but market timers and proponents of communism and socialism believe the same thing: A small group of smart people can create wealth and prosperity for everyone. The problem is that it hasn’t ever worked. Paul thinks that learning the foundations of economics can create more confident investors.

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