• Talking to my daughter about the economy (Book review)

    Talking to my daughter about the economy (Book review)0

    I expected a lot from Varoufakis’s economics for teenagers. I believe that basics of economics and entrepreneurship must be part of the high school curricula (possibly even of the last grades of the elementary school). Citizens who possess basic economic knowledge could more easily understand manipulations performed by politicians (when salaries and pensions are cut to finance party employment in the public sector); they would know that market prices depend on other people’s tastes and ability to pay, and not on the nature of the capitalist who produce them; or they would know that there is no such a thing as free meal – when the government gives you something for free, someone always had to pay for it.