Much has been said about the sad state of economic literacy among Americans, but I can sympathize with those who are confused by opaque doctrines that make sense to no one but economic mystics. How else to explain such counterintuitive notions like "spending creates wealth," or "saving is a drag on the economy?"
Proofs for such ideas are found in impenetrable mathematical equations and models that leave the vast majority shaking their heads in frustration. Better to leave economics to the experts and hope they know what they're talking about. Maybe someday an economic theory that makes sense to ordinary people will make its ascension. Meanwhile, I'll ignore the mystics and curb my spending and tend to my savings.
- In our opinion: Despite alarming shift...
- My view: Drafting women a threat to religious...
- Richard Davis: What will Americans sacrifice...
- Derek B. Miller: It's my party and I'll decry...
- In our opinion: Politics and ISIS
- Jay Evensen: The IOC demonstrates again why...
- Letter: Cruz took a stand
- Letter: Acting presidential
- Letter: Guns in America 64
- In our opinion: Planned Parenthood... 49
- Richard Davis: What will Americans... 47
- My view: What message does Melania's... 36
- In our opinion: Despite alarming shift... 34
- Letter: Acting presidential 31
- Dan Liljenquist: Presidential politics... 31
- Letter: Cruz took a stand 30