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.              —Murray Rothbard

                Economic ignorance comes in different forms, and some types of economic ignorance are          less excusable than others.  But the most important implication of Rothbard’s point is that the worst sort of economic ignorance is ignorance about your economic ignorance.—Steven Horwitz. Read more at FEE.org/Horwitz  

                Aphorisms:

                Education has moved from three R’s to six: remedial reading, remedial ‘riting, and   remedial ‘rithmetic.

                The only thing more expensive than education is ignorance.

                It is hard to teach an old dog new tricks and easy to teach a new dog old tricks.

Feedback . . .
Subscribe MedicalTuesday . . .
Subscribe HealthPlanUSA . . .