This last year I watched with disgust a group of people
“occupy” places of commerce in protest to what they believed were unfair and
unscrupulous practices of people who had a lot more money than the Occupiers
had.
I say disgust, because I have never
in my life seen a group of people more abysmally ignorant of that which they
were protesting than these people.
Many
occupiers were reasonably educated by our 21
st century
standards.
Many claimed college degrees.
Indeed, many protesters were there because their liberal arts degrees cost them
six figures and more. After that expense they were still effectively
unemployable, because they lacked the skills to actually produce anything they
could trade for what they wanted.
The whole Occupy movement is a scathing indictment of our
education system. Not one of these people
could speak coherently on the idea of basic economics. Now many doctorates in economics would like
you to believe that economics is an arcane, difficult to understand subject,
beyond the capacity of the lay person to comprehend. Poppycock.
Economics is simple and easy to understand. This article is the first part in a series that
will explain basic economics in irreducible, incontrovertible terms that even
an Occupy protester can understand.
Read more about this in chapter 2 of
Economic for Occupiers, now available on Amazon.com.
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