If the economic downturn, Occupy Wall Street and the riots overseas have taught us anything, it’s that many people lack a basic understanding of core economic concepts. I’m not talking about the macroeconomic issues discussed in the pages of The New York Times or The Wall Street Journal. I’m talking about the basics, like government debt, business profit margins and personal credit ratings. This shouldn’t surprise us. A 2010 study from economists at Dartmouth ...
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