Saturday, September 08, 2007

Why Don't We Teach Economics to Children?

Economics has never been taught to children in America, yet it is a subject that is crucial to our understanding of the American economy, way of life and almost every decision our "chosen leaders" choose to make. American citizens also need, at the very least, a basic understanding of our system of production, distribution and consumption and the way we manage our resources, such as money, materials, and labor in order to make intelligent decisions regarding personal finances.

Economics is a very complex subject and requires that our public school systems make a deliberate, organized effort to enlighten the public starting at the same age we

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham Lincoln

At periods of economic crisis wealth is not destroyed it is merely transferred and currently it is being transferred to a very small percentage of already very wealthy individuals.

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance." -James Madison

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