"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Monday, February 2, 2009
Take this economics 101 test from 1909!
Thanks to ECU Alumni Hall of Fame member Scott Shook for providing this copy.
Thanks to ECU Alumni Hall of Fame member Scott Shook for providing this copy.
I am not sure I could pass this test wothout some brushing up.
ReplyDeleteDo you think a sigle person in Congress could make a 35% or better on this test?
This test is more difficult than the exams given more recently at ECU.
ReplyDelete