Our ignorance will yield more crises

this article from the Financial Times, makes a very interesting arguement, that the next step in the evolution of capitalism is to ensure that school education adds economics & finace to the '3Rs'.
He also claims that moving from Government spending fuelled economic growth to domestic spending increases citizens desire for greater say in running the country.

Financial Times, 10:36pm Wednesday February 1st, 2012
Our ignorance will yield more crises
--
By Kenneth Rogoff
--
The idea that Chinese capitalism provides a blueprint for the rest of the world economy is an absurd exaggeration, writes Kenneth Rogoff

Read the full article at: http://www.ft.com/cms/s/0/c1ab8ede-4cc3-11e1-8b08-00144feabdc0.html

Finbarr