What's Your Economic IQ?......

[redcliffsw]

Murray Rothbard correctly observed that "It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."

With Rothbard's quote in mind, I have devised this simple quiz to test your level of economic ignorance and provide some sources for you to check out.

Here's the quiz......

http://lewrockwell.com/rep2/economics-intelligence-quiz.html

[Warph]

92%... missed the rent control question.

[Teresa]

I only did so so and actually guessed on 3 of them 

You are 75% of the way there!

Impressive! You must at least be a fan of Milton Friedman, if not F.A. Hayek and Ludwig von Mises. You have probably logged onto mises.org once or twice. If you haven't, you probably should.

[redcliffsw]

Warph, I don't see how you missed that one.  You must have misread it.

[Warph]

Warph, I don't see how you missed that one.  You must have misread it.

Yep, I did... dummy me  .... one beer too many, maybe?