August 10, 2007

WSJ says kids can't do economics, then says they can

First, right after the report release:

High Schoolers Aren't Good At Economics



Although more U.S. high-school students are taking economics courses, most graduating seniors have only a basic understanding of the subject, according to results from a key nationwide test.


And today's paper:

The Kids Are All Right


Pop quiz. Which has been most important in reducing poverty over time: a) taxes, b) economic growth, c) international trade, or d) government regulation?

We know what our readers would say. But lest you think American young people are slouching toward serfdom, you'll be pleased to know that 53% of U.S. high school seniors also answered "b." The latest version of the National Assessment of Educational Progress (NAEP) asked this question, among others on economics, and the results will not please members of the ..


I guess the WSJ spent a little more time with the report yesterday...

EDIT: I think the WSJ gets credit for this, actually. The interpretations of the results of the report are really wild online - some people saying more in line with the second WSJ article, and others going even farther in the direction of the first.

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