No. of Recommendations: 4
I take issue with only one, "5) Education is not a public good." Education needs to be separated into two levels one of which is a public good and the other, the more expensive one, is not.

There is a minimum amount of learning that is crucial for the proper working of modern society and this minimum is best described by the three "Rs" Reading, wRighting, and aRithmetic -- in school terms certainly primary or elementary education and possibly high school. A society that relies heavily on written communications cannot afford illiterate people who can become a danger to themselves and to others. College or professional education is another matter, people should pay for any productive investment. Joseph Schumpeter correctly predicted that free eduction would create a surplus of unemployable intelligentsia who would drift into non-productive activities such as arts, politics, and journalism. They don't have the skills to perform an economically productive job.

10 Essential Economic Truths Liberals Need to Learn
Jeffrey Dorfman, CONTRIBUTOR

Today’s (2014) political climate is highly partisan. Debates are full of personal attacks, harsh words, and complete disagreements as each side clings tightly to strongly held beliefs. Part of the difficulty in reaching the compromises necessary to get things done in Washington is that the two parties believe so many opposite theories with each side sure that their opinion represents fact. With that in mind, here are ten economic facts that liberals need to learn.


forbes.com/sites/jeffreydorfman/2014/06/05/10-essential-econ...

Denny Schlesinger
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