the profseitz blog

getting students to engage the news…

Report: Majority of Congress with no education in business – TheHill.com

Report: Majority of Congress with no education in business – TheHill.com.

What do you make of this story? Does it matter that the formal education of our lawmakers doesn’t include business education? I’m skeptical that it would make a difference. As we’ll talk about this semester, the “Electoral Connection” between voters and elected officials entices congresspersons to make political expedient decisions rather than economically “rational” ones. There is a big difference, but most Americans fail to see it – they fail to see the connection between taxes and the actions that governments take…they want it all, without having to pay for it (you see more evidence later in the semester!).

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This entry was posted on August 23, 2011 by in Uncategorized.
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