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Making sense of tough economic times
Everyone knows that the economic downturn has hit midwestern states hard. States like Ohio and Michigan are struggling with high unemployment and are in desperate need of economic renewal as they face the challenge of remaining competitive in the 21st century marketplace. Moving into the future, they need citizens and leaders who understand the basics of economics.
Unfortunately, when ACTA looked at the catalogs of over 120 colleges and universities in the Great Lakes region -- Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota -- we found that not a single one requires its students to take an introductory course in economics.
There is, of course, no guarantee that ensuring all students understand the fundamental laws of markets will lead to economic renewal -- but it is imperative citizens be able to understand the economic challenges their states are facing.
Posted by Eric Markley on August 20, 2010 at August 20, 2010 02:31 PM
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