Website for
Foolish
Economics
Lessons
defying
sound principles of economics
,
challenging logical reasoning, values and reality.
Formal training in economics is not a prerequisite for the teaching of economic issues.
C
artoon economics
is in the public domain.
Some favorite theories
- only one that is correct.
International trade is unfair to most parties involved.
Because it does not need a profit, government is able to sell goods or services cheaper.
People would be much better-off if corporations
invited democratic participation from non-owners.
Public policy should and could guarantee that people earn a living wage.
Rights to goods or services involve moral justification, and should rarely be a matter of cost.
CEOs are greedy exploiters, while progressive politicians promote benevolent programs.
Population growth must be controlled for the well-being of mankind.
Individual liberty, accompanied by traditional social, family and moral values are old-fashioned ideas.
People of lesser means are better-off when the rich pay a larger and fairer share of taxes.
Justice is improved through economic regulations such as minimum wage or rent control.
Euthanasia and abortion rights are essential for human dignity.
Public policy should reflect the notion that the present value of the future is as valuable as the current period.
Captains of industry who expend 80 hours per week are not working people.
Discrimination explains the major disparity in wages earned by different people.
Government should spend money where it is right and good, even if the benefits are less than the costs.
God's existence is unproven, faith is without reason, and church leaders are corrupt.
Entitlement programs kindly help people achieve better circumstances, while business firms do the opposite.
Grades for courses in
college
should not show too much inequality.
