Day 63

We discussed as a class a potential Political Orientation quiz that we as a class create and then distribute throughout the school, simply to give us a feel for both the awareness and orientation of Paradigm in general.

We read from Murphy's Capitalism book, once again only a few paragraphs. We discussed the wealth of today's middle class compared to a medieval king, the lack of knowledge involved in central planning, and profits as signals.

Why did we decide to bail out and prop up GM but not the horse and buggy industry? Why not the candle makers? What determines who gets to fail?

I offered the students extra credit in the form of memorizing the poem The Gods of the Copybook Headings.