Monday, August 10, 2015

What kind of education do journalists receive?

It seems reasonably true that many/most journalists have no comprehension about how the economy works or about economics in general. That seems a bad thing but most the time you kind of sweep it under the cognitive rug. Then something like this comes along.



How can you be writing for a national and seemingly reputable magazine and ask that question? I can't believe that they don't understand the concepts of supply and demand and marginal costs but that seems to be the case. Hmmph.

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