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Old 05-12-2011, 08:02 AM  
sperbonzo
I'd rather be on my boat.
 
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Join Date: May 2003
Location: Miami, FL
Posts: 9,748
Quote:
Originally Posted by 12clicks View Post
of course it does.

There are those that aren't smart enough to understand and those that pander to them.
I understand your emotion, but I think the reality is that at this point universities are run by academics who don't understand, or believe in, a free market; and couldn't succeed in a situation where they were not protected by tenure and tax funding. They are the ones that teach the teachers, and then those teachers submit their students to a lifetime of education which derides and attacks any notion of the reality of free markets, while espousing government control and the "delights" of socialistic policy. There is no attempt made at all to teach what the free market means, how it works, and what it achieves.

People have become products of this educational system and, being ignorant of even the most basic realities of how economies work, or don't work, in the real world, they end up like this. It is not their fault, and it's certainly not a question of intelligence.

It's a terrible shame, and unfortunately, by the time most people wake up to the reality of what economic control really means, it is too late, and the only people with any power are the political elite.



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