Thursday 3 September 2009

Economic literacy in New Zealand

This from the New Zaland Herald,
BERL chief economist Ganesh Nana agreed with Mr Hickey that property was the problem.

Economic literacy in New Zealand was "not economic" because all anyone wanted to know about was interest rates and property prices.
So economic literacy in New Zealand isn't economic, then just what the hell is it? Isn't knowing about interest rates and property prices part of being economically literate?

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