Show LS LISTEN T E N A ramm M ED G by dr george S benson DIRECTOR NATIONAL EDUCATION PROGRAM searcy arkansas Arkan sat the following sound observation regarding education has been made by mark C superintendent of 0 the cleveland ohio schools there Is a colossal oversupply of people in my country who either never discovered some of the basic principles of 0 economics or think that the economic laws have been repealed we hear much walling wailing that the schools have tailed failed in this regard and the cry is for or required courses in economics we have failed ailed in school and out but the answer is not in required require d courses the answer in my opinion lies in a continuous effort to inculcate in children from the kindergarten through high school some basic and very simple facts there are three things which almost anyone can be brought to understand and it if these three ire are ingrained we can leave the more complicated principles to the experts no 1 you cant get something for or nothing too many think they can that Is the basis of gambling and most speculation giving a higher mark in school than Is earned is proving that the student cart can get something tor for nothing that is bad business when parents urge no homework they somehow expect something tor for nothing one gets out of school about what lie puts into it only parasites get something for nothing no 2 you cant spend more than you have and remain solvent the longer such a system Is followed the more impossible it becomes to keep afloat know anyone who trades in a mortgaged car on a new one and has both a newer car and a bigger mortgage mortgaged 9 the woods are aio full of 0 such people it la is bad economics its somewhat like drug addiction this applies equally to a person a busi business riess or a government no 3 you cannot equalize ability by a handicap system it la Is wrong to expect as much from a youngster with a low IQ as it Is expected from a youngster with a high IQ it Is also wrong to set up handicaps so that they come out even leave that for the exclusive use of the racing stewards competition still has a place in america thank goodness and I 1 dont want it ft any other way I 1 in every school ilay day there alq numerous incidents in each students at school experience when these three alu ea fundamentals are present just repeatedly repeated lk bringing them to the pupils consciousness will work wonders it if all our people accepted these three economic axioms and lived by them we would live in an economic paradise |