4min chapter

Economics Explained cover image

Why France's Pension Protests Are So Important Interview with Dr. Tomasz Michalski

Economics Explained

CHAPTER

The Importance of Economic Education in France

On average the economic education of the French population is very low comparably to say UK, US. I don't think anybody under for example in the current and it comes out in this current purchase reform really do not understand the link between how long you work and what you should get. They think that there's always some magical capital that can be taxed and that the government can print moneyYou know that it doesn't matter. So it's really I would say that the fact that you don't have to implement these mechanisms yourself or to a large extent vast majority of the population doesn't is quite problematic to also implement every fork. That's an interesting insight that obviously you wouldn't get without kind

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