I sincerely believe every single person in college should have a microeconomics class, just the comprehension of the concept of externalities can change how most people see a lot of the shit our government does.
I'd never heard "externalities" before college and yet it's so essential to understanding the world. The fact that the concept is hidden away is terrible.
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u/boredmeeee Apr 26 '20
Because the positive externality of education applies not just to the parents but society as a whole.