Financial Literacy & Education

[Estro Felino]

I think a subject called Law and Economics should be compulsory in all high schools.
Not only about the economic system, but about the laws, the Bill of Rights...etc...

 

[Estro Felino]

Or. Increase spending and teach everything that matters including the option of foreign languages. Which in an increasingly globalised world, could be useful, in business and job opportunities in general. Always useful. To speak a foreign language.

Americans are lucky because they speak the language of the world.
I decided to study 4 European languages because I love them. Motivation is what makes you learn.

 

[Revoltingest]

Or. Increase spending and teach everything that matters including the option of foreign languages. Which in an increasingly globalised world, could be useful, in business and hob opportunities in general. Always useful. To speak a foreign language.

Resources are limited, & should be prioritized based upon
merit. Some limits....
- Students' time & attention.
- Money for schools.
- Too many foreign languages to learn makes the
selection of a single one is pretty useless.

Very few here need a foreign language, even with globalization.
But there's always the option to learn what's needed later, or use translation devices.

 

[Azrael Antilla]

Resources are limited, & should be prioritized based upon
merit.

Hmm. Well. For me. You can't put a price on a thorough education. You see when you speak a foreign language. You learn all kinds of meta data about the culture and it's thought process too. I assure you when you speak German, you think German. Same with other languages.

 

[Heyo]

I just heard on the news that Michiganistan is considering
requiring financial literacy (eg, understanding credit) be required
for high school graduation.
They'd make room by reducing the foreign language requirement.

About darn time, eh.

That's playing with fire, very dangerous.

 

[Estro Felino]

That's playing with fire, very dangerous.

All jurists like me already do.
We are trying to make the people know.
I confess that before studying commercial law, banking law and macroeconomics, I was unaware.

 

[Revoltingest]

That's playing with fire, very dangerous.

Quoting famous anti-semites, eh.
Being famous doesn't make quotes true.
Moreover, if people actually did understand
banking & money, they wouldn't have the problems
caused by ignorance & unreasonable expectations.

 

[Azrael Antilla]

Moreover, if people actually did understand
banking & money, they wouldn't have the problems
caused by ignorance & unreasonable expectations.

A sound and convincing argument. I feel.

 

[Estro Felino]

Quoting famous anti-semites, eh.
Being famous doesn't make quotes true.
Moreover, if people actually did understand
banking & money, they wouldn't have the problems
caused by ignorance & unreasonable expectations.

When I discuss seigniorage banking with economists, they tell me "you are right, but the system cannot be changed".

 

[Azrael Antilla]

That's playing with fire, very dangerous.

Dangerous for those whom exercise control and exploit that control. Perhaps.

 

[Azrael Antilla]

When I discuss seigniorage banking with economists, they tell me "you are right, but the system cannot be changed".

Never listen to people and opinion. If we always did. Nothing would get done nothing would improve nothing would change!

 

[Revoltingest]

When I discuss seigniorage banking with economists, they tell me "you are right, but the system cannot be changed".

What is it that you're "right" about?

 

[beenherebeforeagain]

I just heard on the news that Michiganistan is considering
requiring financial literacy (eg, understanding credit) be required
for high school graduation.
They'd make room by reducing the foreign language requirement.

About darn time, eh.

I am appalled that there is a limit on the number/amount of things students must learn in order to graduate.

I'm all in favor of financial literacy, as well as small engine repair, basic household maintenance, basic and advanced first aid and many other things...

Like civics...

 

[Estro Felino]

What is it that you're "right" about?

Well..I want to stay on topic.
Btw...I think it is good high school students learn this subject.

 

[Azrael Antilla]

"Like civics.."

I'd like to see basic legal skills taught to school children.

 

[Kooky]

Isn't the entire concept of "financial literacy" based on the notion that people's poverty is entirely due to reasons found within the invididual, such as the inability to budget, lack of entrepreneurialism, incorrect mindset required to advance in society etc.?

 

[Kooky]

I am appalled that there is a limit on the number/amount of things students must learn in order to graduate.

There are only so many hours in a day, and only so many years you can keep kids locked up in school before you have to send them back out into the Real World™.

 

[Kooky]

Yes. I speak German English and French fluently plus a little Russian. Handy at times. You guys are not expected to speak foreign languages. Not your style. Shall we say?

Congrats for keeping your languages fluid; due to neglect, my French and Spanish have sadly atrophied to the point of uselessness.

 

[beenherebeforeagain]

There are only so many hours in a day, and only so many years you can keep kids locked up in school before you have to send them back out into the Real World™.

Yes, quite true...at the same time, students in other nations seem to be able to exceed American students in many fields, and in more of them...

 

[Azrael Antilla]

Yes, quite true...at the same time, students in other nations seem to be able to exceed American students in many fields, and in more of them...

I understand that in the US school funding is not centralised. As it is in EU nations. Instead it's collected from catchment areas and those residents within? So poorer areas get the worse results and prospects educationally. Due to underinvestment and lack of financial support. Correct me Americans! If I am mistaken.