ABSTRACT

It used to be said that for every school that is built, society can afford to demolish one prison. The civilising influence of education is, happily, universally acclaimed. Not only does it reduce violence but also it is a welltried antidote against deprivation and discontent. An educated society is better off even if (monetarily) poor. And yet there seems to be one type of education which has the opposite effect on those who receive it: a modern training in economics!