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" "The goal of public policy is to make our lives better. Does that mean richer? Or healthier? No policy change is good for everyone, so we must weigh total gains against total losses. But even that task is more complicated than it first appears.
Charles 'Charlie' J. Wheelan (born 1966) is an American professor, journalist, speaker, and is the founder and co-chairman of Unite America. Wheelan is the author of Naked Statistics, Naked Economics, and Naked Money. He was an unsuccessful Democratic candidate in the special election for Illinois's 5th congressional district, the seat vacated by Rahm Emanuel.
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Good government is a prerequisite for a thriving market economy. At the same time, the coercive powers of government can be put to use in ways that serve narrow organized interests, including the government employees themselves. One of the most important tasks for policy analysts is determining when, where, and how government ought to involve itself (or not involve itself) in a modern economy.
Indeed, most bright, intellectually curious college students suffer through Econ 101, are happy to pass, and then wave goodbye to the subject forever. Economics is filed away with calculus and chemistry—rigorous subjects that required a lot of memorization and have little to do with anything that will come later in life. And, of course, a lot of bright students avoid the course in the first place. This is a shame on two levels.
First, many intellectually curious people are missing a subject that is provocative, powerful, and highly relevant to almost every aspect of our lives.…Second, many of our brightest citizens are economically illiterate.