There's a very interesting entry over at The Wealth Report blog by The Wall Street Journal. It actually meshes with a column in today's Weekend Journal.
The column and the blog post look at the reaction of students at Palm Beach Day Academy who have read Upton Sinclair's The Jungle. Given their backgrounds, their reactions to the book are interesting. Particularly given the recent post here about economic systems and legos. Again, biases based on experience or values will shape the type of economic systems and institutions we choose to create.
I must admit, I am among the handful of students who never had to read this book, but it is on my reading pile (as high as that is). Given the state of economic knowledge now vs. at Upton Sinclair's time, what lessons can we learn and what lessons might we need to reconsider? Your thoughts are welcome.
Posted by TSchilling at 1:59 PM Comments (0)