Tuesday, June 08, 2010

Econ 101? For Lefties, It Should Be "Remedial"

In the least surprising survey of the nascent millenium, Dan Klein reveals that Lefties haven't the foggiest notion of economics.


The survey asked (e.g.) whether 'restrictions on housing development would make housing less affordable.' Rather than "Yes/No" answers, a range of "Agree........../Disagree" answers were allowed, and only the BZZZZZZZZZZZZZTTT! answers were counted as "wrong."

Other questions:

1) Mandatory licensing of professional services increases the prices of those services (unenlightened answer: disagree). 2) Overall, the standard of living is higher today than it was 30 years ago (unenlightened answer: disagree). 3) Rent control leads to housing shortages (unenlightened answer: disagree). 4) A company with the largest market share is a monopoly (unenlightened answer: agree). 5) Third World workers working for American companies overseas are being exploited (unenlightened answer: agree). 6) Free trade leads to unemployment (unenlightened answer: agree). 7) Minimum wage laws raise unemployment (unenlightened answer: disagree).

N.B.: SEIU members are required to fail this test, following the example of their ex-President Andy Stern and his BF'nF, Obama. Also, Democrat members of the Wisconsin Legislature could not read and/or comprehend the questions, so WEAC and the Trial Lawyer lobby "helped" them fail.

So. Eight questions. By category and from best-to-worst, the number of wrong answers:

Very conservative, 1.30; Libertarian, 1.38; Conservative, 1.67; Moderate, 3.67; Liberal, 4.69; Progressive/very liberal, 5.26.

That is an unqualified "F" for both "liberal" and "progressive/very liberal" respondents.

I'm shocked.

HT: AmSpec


John Foust said...

Quick summary: Libertarians are smarter than Republicans!

Especially when trigger words like "exploited" are used. You think those questions aren't loaded, lead the respondent, or poorly constructed?

asianbadger said...

As usual, Foust has never found a keyboard he didn't like to demonstrate his abject stupidity.

Foust, do humanity a favor...get yourself sterilized. That is all.

Anonymous said...

How Christian of you, asianbadger!