What would the world look like if economists were in charge? In the meantime, a charter school organization in Arizona offers a glimpse at what the educational system would look like if economists were in charge. The BASIS Educational Group, run by two economists, requires every 8th-grade student to take a year’s worth of economics. Many BASIS students, who are all required to take at least six AP exams before graduation, go on to take AP Economics in 9th grade, and average a 4 (out of 5) on their AP exams.
This is a great idea! We don’t have enough people running around wedded to the hubris of their economic thinking. Why wait until these kids are in college to turn them into brainwashed free-market zombies? They could be ignoring empirical data and reality right now!
