A Well Informed Citizenry

Convinced that the people are the only safe depositories of their own liberty, and that they are not safe unless enlightened to a certain degree, I have looked on our present state of liberty as a short-lived possession unless the mass of the people could be informed to a certain degree.

-Thomas Jefferson

Ever since the global financial meltdown of 2007-08 I’ve thought, off and on, about what, exactly, economics was.  Not in a philosophical or, really, a pedagogical sense, but in a purely practical sense.  As in, what does Economics do for or mean to the population at large?

Watching the video below, and noting how far not only perception is from reality, but how vastly further reality is from what people want it to be, I think those chasms represent part of an answer.


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