Tuesday, June 08, 2010

Nerd News: Leftists Clueless About Basic Economics



Well, DUH! Check out this econ professor's survey results.

I will have you know, too, that the libertarian-minded were at the head of the class. Check this out:
Yet on every question the left did much worse. On the monopoly question, the portion of progressive/very liberals answering incorrectly (31%) was more than twice that of conservatives (13%) and more than four times that of libertarians (7%). On the question about living standards, the portion of progressive/very liberals answering incorrectly (61%) was more than four times that of conservatives (13%) and almost three times that of libertarians (21%).The survey also asked about party affiliation. Those responding Democratic averaged 4.59 incorrect answers. Republicans averaged 1.61 incorrect, and Libertarians 1.26 incorrect.
*modest cough ... OK, not-so-modest "YEAH!" while waving the "We're Number One" foam finger* (Need a visual?)

Caveat: Yes, yes, it's only one survey with one discrete group of test subjects, methodology is always an issue, this doesn't indicate all leftists are clueless, blah blah blah...

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