---
title: ""The young person who absorbs Econ 101 but who takes no further…"
date: 2019-02-12
source: facebook
type: Archer T. Ships shared a link.
---

# "The young person who absorbs Econ 101 but who takes no further…

*February 12, 2019 · Facebook*

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[https://www.aier.org/article/actually-econ-101-incredibly-important#.XGLId5q3CD0.facebook](https://www.aier.org/article/actually-econ-101-incredibly-important#.XGLId5q3CD0.facebook){target="_blank"}
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\"The young person who absorbs Econ 101 but who takes no further courses in economics will nevertheless, and for the rest of his or her life, possess a genuine understanding of reality that is distressingly rare among politicians, pundits, preachers, and the general public. Far from being a danger to society, this person --- inoculated against the worst and most virulent strands of economic ignorance --- will serve as a beneficial check on the spread of ideas that are dodgy and sometimes perilous.\
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The true danger is not knowledge of "only" Econ 101. The true danger is ignorance even of Econ 101.\"\
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[https://www.aier.org/article/actually-econ-101-incredibly-important#.XGLId5q3CD0.facebook](https://www.aier.org/article/actually-econ-101-incredibly-important#.XGLId5q3CD0.facebook){target="_blank"}
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