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What is your definition of economic literacy?


A basic understand of supply/demand and how many well intended policies can have terrible effects.


I can agree with that. That's very basic and uncontroversial. I asked because terms like "economic literacy" often masquerade "thinks about economics the way I want them to". For example, some people would say that you must believe things like "financial markets are good" or else you're economically illiterate.

But supply and demand happen in every economy, even those without money and even post-scarcity sci-fi. And unintended consequences are just a thing everywhere.

Unless "unintended consequences" was shorthand for "if you hurt stock market investors that's bad for the country", of course.




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