Survey Shows That On Economics, Those On The Left Are Idiots

Yes, I know, you’re shocked. How could this be? Over at the Wall Street Journal, Daniel Klein tells us why Liberals/Progressives are not smarter than a 5th grader

Who is better informed about the policy choices facing the country–liberals, conservatives or libertarians? According to a Zogby International survey that I write about in the May issue of Econ Journal Watch, the answer is unequivocal: The left flunks Econ 101.

Zogby researcher Zeljka Buturovic and I considered the 4,835 respondents’ (all American adults) answers to eight survey questions about basic economics. We also asked the respondents about their political leanings: progressive/very liberal; liberal; moderate; conservative; very conservative; and libertarian.

What did they find?

How did the six ideological groups do overall? Here they are, best to worst, with an average number of incorrect responses from 0 to 8: Very conservative, 1.30; Libertarian, 1.38; Conservative, 1.67; Moderate, 3.67; Liberal, 4.69; Progressive/very liberal, 5.26.

Americans in the first three categories do reasonably well. But the left has trouble squaring economic thinking with their political psychology, morals and aesthetics.

Really, no surprise. These are the same people who believe spending a trillion dollars on health care will lower the deficit somehow. Head on over to the article for the questions, which should have been simple, but, not in Liberal World.

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach

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