Kyla Scanlon
๐ค SpeakerAppearances Over Time
Podcast Appearances
economics education is you kind of have to root it in what happens to the news.
So if you have like a CPI report talking about inflation, you can talk about how the market reacts, how that's going to impact somebody's portfolio, and then talk about how the CPI data is collected.
Like, you know, what is this role of this government institution in determining what inflation is and therefore the direction of your life?
And so I think you have to have it always rooted in some example because the language of economics is incredibly
Not always that accessible, but when you have a news headline, I think it becomes a little bit more accessible.
And I think that's the purpose of economics education is to kind of understand the world around you as it's happening.
So I think it's really important to anchor it in reality for students.
I mean, the tough part about fitting it into schools is the schools are already so packed with curriculum that econ classes or personal finance classes have to take a section of like a history course because there's just no room in the students' schedules.
And so I think that's when it becomes important to have like an adulting app.
Or like just have this stuff be a bit more accessible for people.
And what's really interesting is a lot of the young people who are trading meme stocks and meme coins actually have a relatively decent understanding of personal finance.
Because as you said, they understand the application of it.
They understand what it means.
They have to follow the markets and therefore the economy to trade their memes effectively.
And so there is a way to teach it outside of school.
And sometimes I wonder if that's kind of what we have to focus on is having publicly available resources so the students have time to look at it.
Adulting.