Author Topic: "Capitalist Manifesto" (Read 2774 times)

Nilsen · « **Reply #15 on:** August 12, 2006, 10:38:05 AM »

Quote

Originally posted by lasersailor184
Basic Microeconomics (supply and demand), and Basic Macroeconomics (Taxes, GDP, spending...).

There are too few people who ever will take a basic economics class. You can tell by people freaking out when someone in government does something from the basic economic playbook.

I can't really guess well, because I'm not too sure. But from my experiences, roughly 1 in 20 have taken a basic economics class. Or at least from all the people I've met, 1 in 20 understand a basic economics class.

That is compulsory here. Micro and macro economics are taken by all in High School? They dont go as deep into it as in university ofcurse but you cant skip it.

bj229r · « **Reply #16 on:** August 12, 2006, 10:45:38 AM »

I never learned anything about economics until I got into college---wasn't touched on in either Virginia or FLA schools (in the '70's)

cpxxx · « **Reply #17 on:** August 12, 2006, 11:00:26 AM »

The two examples given in the text are French and German. Both economies are struggling and neither are a good example. France and Germany are not Europe. As it relates to both countries it is true though.

It's no accident that the most economical successful countries right now have adopted American style economics. Not least my own country. Ireland was recently listed as the second richest in the world after Japan. That is wealth per head. Yes little old Ireland is richer than the USA.

Japan
Ireland
UK
USA
Italy
Then France and Germany.

The downside is that Ireland, the USA and Italy also have disproportionate levels of poverty compared to other developed countries. Even though jobs are easy to get and we've had over a quarter or a million immigrants in a few years most of whom seem to have two jobs. Strange!

France and Germany needs to get it's act together. The new EU countries like Poland, Czech republic and Hungary have no such qualms about doing business. They will soon leave them behind.

Nilsen · « **Reply #18 on:** August 12, 2006, 11:10:24 AM »

Per capita

1   Luxembourg   $ 55,100
2   Norway   $ 37,800
3   United States   $ 37,800
4   San Marino   $ 34,600
5   Switzerland   $ 32,700
6   Denmark   $ 31,100
7   Iceland   $ 30,900
8   Austria   $ 30,000
9   Canada   $ 29,800
10   Ireland   $ 29,600

most expencive to live in

1   Japan
2   South Korea
3   Russia
4   Taiwan
5   Norway
6   Hong Kong
7   Switzerland
8   Denmark
9   Argentina
10   China

Nilsen · « **Reply #19 on:** August 12, 2006, 11:38:38 AM »

woops.. the above lists are abit dated

new list

linky

Stang · « **Reply #20 on:** August 12, 2006, 12:02:55 PM »

In the States we don't take any kind of economics course until the junior or senior year of High School, and even then it is usually only one semester taught by a teacher who doesn't know squat about it. So don't give me that indoctrination crap... if anything public education would lean toward teaching the evils of capitalism than the good from it.

LOL Boroda, that gave me a laugh.

lasersailor184 · « **Reply #21 on:** August 12, 2006, 12:04:02 PM »

Quote

Originally posted by bj229r
I never learned anything about economics until I got into college---wasn't touched on in either Virginia or FLA schools (in the '70's)

Ditto here. I took micro and macro my freshman year.

Maverick · « **Reply #22 on:** August 12, 2006, 12:35:33 PM »

I didn't see economics until college. Same for statistics. The statistics class really was an eye opener, that's why I am so disgusted with polls and the disproportunate amount of press they get with no info about how the poll was conducted. You can prove anything you want with a carefully contructed and conducted poll.

indy007 · « **Reply #23 on:** August 12, 2006, 12:53:07 PM »

In Florida (at least in Hillsboro county), Economics & Government are a 9th grade (jr. high in FL) class.

In Texas, they're taught in 12th grade (highschool Sr.).

That's how it's been since the 90s, and I don't think it has changed.

cpxxx · « **Reply #24 on:** August 12, 2006, 02:10:27 PM »

You link doesn't work Nilsen. In any case you're just peeved because no one mentioned Norway.

But in fact you don't figure in those statistics because it measures how much money people have as opposed to how much they earn. In other words how many millionaires there are. In that Ireland is second to Japan. Norway wouldn't figure there as of course it being a socialist paradise nobody is allowed to be too rich by hitting them high taxes.

Trikky · « **Reply #25 on:** August 12, 2006, 02:18:00 PM »

cpxxx, do those figures factor in the EU contributions to Ireland?

nirvana · « **Reply #26 on:** August 12, 2006, 03:14:59 PM »

We were taught about GDP, per capita income, etc in World Geography my freshman year in high school. You may have been taught it, it's whether you retain it (i doubt 90% of the class remembers it, surprise surprise).

lasersailor184 · « **Reply #27 on:** August 12, 2006, 03:18:31 PM »

By GDP nirvana, I mean the controls of it, what it actually means and how doing anything in an economy will affect it.

nirvana · « **Reply #28 on:** August 12, 2006, 03:40:04 PM »

Oh alright, I think my high school has an economics class, maybe i'll take it. As surprising as it may seem i enjoy it. You could give me some pointers if you'd like.

lasersailor184 · « **Reply #29 on:** August 12, 2006, 03:45:35 PM »

Caffeine, lots and lots of caffeine. Wild Cherry Pepsi is the only reason why I survived it.