Who’s smarter than a fifth grader in economics? Not the progressive left, according to pollsters and one academic economist.
Daniel Klein had a revealing must-read piece in the Wall Street Journal detailing the dearth of economics knowledge among the so-called “reality-based” community. The upshot? The people running our country probably don’t understand basic supply and demand, much less the benefits of trade. Here’s a slice:

Recommended Stories

California’s Proposition 40 would soak the rich and sink the state

California Democrats still butting heads over destructive wealth tax

Serbia votes for change. What comes next?