Murray Rothbard correctly observed that "It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
With Rothbard's quote in mind, I have devised this simple quiz to test your level of economic ignorance and provide some sources for you to check out.
Here's the quiz......
http://lewrockwell.com/rep2/economics-intelligence-quiz.html
92%... missed the rent control question.
I only did so so and actually guessed on 3 of them :-\
You are 75% of the way there!
Impressive! You must at least be a fan of Milton Friedman, if not F.A. Hayek and Ludwig von Mises. You have probably logged onto mises.org once or twice. If you haven't, you probably should.
Warph, I don't see how you missed that one. You must have misread it.
Quote from: redcliffsw on December 09, 2011, 07:48:38 AM
Warph, I don't see how you missed that one. You must have misread it.
Yep, I did... dummy me .... one beer too many, maybe? :-[