From Thomas Sowell:
I think that if the average citizen understood economics as well as it was understood by economists 200 years ago, most of the nonsense that’s done in Washington would be impossible politically.
From a very recent Uncommon Knowledge interview you can watch (and I strongly recommend you do) below, courtesy of Power Line:
http://cdn.agahe.net/toolset/flashvideo/v.swf
If you don’t have 33 minutes to devote to watching this video at the moment, here’s a short (2:39) excerpt to whet your appetite:
http://static.photobucket.com/player.swf
Sowell’s Basic Economics (Third Edition) is still sitting on my headboard waiting to be read.