Economics And Taxation Education – The Laffer Curve

For years, I have thought the American Educational System fails us by not educating effectively when it comes to economics. It constantly surprises me how many people can barely balance a checkbook and yet these same people are expected to make educated and informed decisions when it comes to electing our political leaders. I was the beneficiary of a good public school education by teachers who cared enough to teach me how to read, the enjoyment of reading and encouraged me to do so whenever possible. My parents bought me hundreds of books and several encyclopedia sets. I spent a large portion of my youth reading and continue to do so today. I grew up in and around our family-owned business, had other family members who owned their own businesses and always wanted to own my own business one day. I paid enough attention to what was discussed over the dinner table to inspire my interest in economics, marketing, management and a host of other issues that come up from day to day in business and I guess I got a double-dose of business related education.  (more…)