David Brancaccio
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states now require schools to teach some kind of financial literacy and economics as part about teaching about markets, entrepreneurship, and our system of capitalism.
Ayelet Sheffi got a better sense of some of those curricula.
She's senior education reporter at Business Insider.
Welcome.
In the last couple of years, since 2022, a dozen states have passed legislation requiring some kind of financial literacy in schools.
What's driving this at the state level, do you think?
I assume you see some variance across states with how this question of what is capitalism, how does it work, how that gets answered.
I mean, you can imagine a classroom where the gist is that capitalism and the market system solves most things.
And that, of course, is a notion that's in great dispute.
I, having been married to a teacher for a long time, know that it takes a long time to change curriculum.
But there may have to be some updating of the curriculum, right, with President Trump's impulse to intervene directly in the running of companies.
You know, who should be CEO, which logo a company should use.
I mean, that cuts against free market orthodoxy.
Ayelet Sheffi is senior education reporter at Business Insider.
Thank you so much.
We have a special edition posted of the Marketplace News Quiz now featuring questions akin to the ones the high school students are getting.
Test your own knowledge at marketplace.org.
Quick, what does the acronym EBITDA stand for?
Earnings before โ I don't know.
In Los Angeles, I'm David Brancaccio, Marketplace Morning Report.